Appraisers have prepared the estimated financial statements of XZY company for the next 5 years. according to these tables, the FCFF estimates of the enterprise on a yearly basis are given below:

FCFF for 2021= 920 $

FCFF for 2022= 980 $

FCFF for 2023= 1000 $

FCFF for 2024= 1200 $

FCFF for 2025= 1450 $

It is estimated that the companys FCFF values will grow by 5% annually in 2026 and beyond. It is thought that risk-free interest rate will be around 10% in coming years. The return rate of the market is expected to be 18%. Company XYZ has a beta of 1.5; borrowing cost is 15% and debt/equity ratio is 40%. (Tax rate 20%).

What is the actual value of the business by the end of 2020?