Dinklage International does not pay a common dividend. Dinklages growth rate for Cash Flow from Assets (CFFA) is estimated to be 5.00%. Dinklages CFFA for 2018 was $23.1525 million. Dinklages WACC is known to be 9.50%. Dinklages balance sheet includes $26.4 million in Marketable Securities and $130.0 million in non-operating long-term assets. The firm currently carries $44.0 million in short-term debt, $160.0 million in long-term debt, and $22.0 million in preferred equity. There are currently 10 million shares of Dinklages common stock outstanding.

Use the data above and your answer to the prior two questions to estimate the value of Dinklages common equity as of the end of 2018. Calculate the value (in millions of dollars) to three decimal places (4,352,950 = 4.353)