Assume Southern Corporation a multinational enterprise is expected to have $1,200,000 FCF in 2017 (time 0) from its U.S. operations, 100,000,000 Japanese Yen from its operations in Japan, and 250,000 Euro from its operation in Spain. Assume the WACC for U.S. operations is 9%, the WACC for the subsidiary in Spain is 15%, and the WACC for the Japanese subsidiary is 10%. Further, the US FCFs and Japans FCFs are assumed to grow at 5%, while the Spanish FCFs are assumed to grow at 7%. (The relevant exchange rate at the end of 2017 are forecasted as follows): - 115/$ - $1.147 Calculate the overall intrinsic value of Southern Corporation at the end of 2017 (time 0)