Canvas X CIO Question 1 D Questions (Al-A2) are based on the information that follows. Net earnings for a constant dividend growth firm are currently $60 million and expected to grow forever at 10%. The firm has a policy of paying out a constant 30% of earnings as dividends. Shares outstanding are 5 million. RM= 12.5% and RRF-5%. The firm's cost of capital is 17.5% and is expected to be unchanged for the indefinite future. Al. What should be the current value of the firm (in millions of $)