1. Consider a company thats projected to generate free cash flows of $47 million, $69 million and $87 million over the next three years. After that, cash flows are projected to grow at a stable rate of 2.2% in perpetuity. The company's cost of capital is 9.5%. What is the companys estimated enterprise value based on these projections? Round to the nearest million and show one decimal place (e.g., $265,464,112 = 265.5)