Connor Corp. has an EBIT of $$1,010,000$ per year that is expected to continue in perpetuity. The unlevered cost of equity for the company is $15$ percent, and the corporate tax rate is $24$ percent. The company also has a perpetual bond issue outstanding with a market value of $$1\mathrm{.}99$ million. What is the value of the company? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, e$.$g$.,1,234,567.)$

Value of the company