Consider the table given below to answer the following question. Asset value Earnings Net investment Free cash flow (YCP) Return on equity (ROE) Asset growth rate Earnings growth rate Year 2 3 45 6 7 8 9 10 10.00 11.40 13.00 14.82 16.45 18.25 20.26 21.88 23.63 25.52 1.40 1.60 1.82 2.07 2.30 2.46 2.63 2.74 2.36 2.55 1.40 1.60 1.82 1.63 1.81 2.01 1.62 1.75 1.89 2.04 0.44 0.49 0.46 1.01 0.98 0.47 0.51 0.14 0.14 0.14 0.14 0.14 0.135 0.13 0.125 0.10 0.10 0.14 0.14 0.14 0.11 0.11 0.11 0.08 0.08 0.08 0.08 0.14 0.14 0.14 0.11 0.07 0.07 0.04 -0.14 0.08 Assuming that competition drives down profitability (on existing assets as well as new investment) to 13.5% in year 6, 13% in year 7, 12.5% in year 8, and 10% in year 9 and all later years. What is the value of the concatenator business? Assume 13% cost of capital. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value million