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Determine the equity value of the following scenario, assuming there is no end to the timeline and the following data: Cost of equity- 16.93% Cost

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Determine the equity value of the following scenario, assuming there is no end to the timeline and the following data: Cost of equity- 16.93% Cost of debt-7.62% Debt-$584MM Equity $1,246MM W Tax rate - 40% Long-term growth expectations - 3.7% Future Equity Cash Flows (FCFE) are forecast as follows: Year 0: n/a Year 1: 126 Year 2: 148 Year 3: 165 Year 4: 175 Year 5: 185 (Round your answer to the nearest cent)

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