ed Corporation expects to generate free$-$cash flows of $$200,000$ per year for the next five years. Beyond that time, free cash flows are expected to grow at a constant rate of $5$ percent per year forever. If the firm's weighted average cost of capital is $15$ percent, the market value of the firm's debt is $$500,000,$ and Ted has a half million shares of stock outstanding, what is the value of Ted stock?