Bennet Inc. just reported a free cash flow of $$20$ million today, i$.$e$.,$ at t $=0,$ and it

expects FF to grow at a constant rate of $2\mathrm{.}5\%$ thereafter. If the weighted average cost of capital is $8\%$ and the cost of equity is $12\%,$ what is the present value of operations today $($t$=0),$ in millions?

$$ a$)$ $$215\mathrm{.}79$

$$ b$)$ $$275\mathrm{.}82$

$$ c$)$ $$372\mathrm{.}73$

$$ d$)$ $$425\mathrm{.}25$

el None of the above