Assume Company VL has a WACC of 12.5%, it forecasts its free cash flow in the coming year, i.e., at t = 1, will be $13 million, at t = 2 will be $14 million and at t=3 will be $16 million. After Year 3, FCF is expected to grow at a constant rate of 2.7% forever. What is the horizon value, in millions at t = 0? Your answer should be accurate to two decimal places. For example, If your answer is 1.2850000, then it becomes 1.29; if your answer is 1.284999999, then it becomes 1.28. =