Florida Development, Inc.'s free cash flow (FCF) during the year just-ended (t = 0) was $75 million, and FCF is expected to grow at a constant rate of 7.50% per year in the future. If the weighted average cost of capital is 12%, what is the firm's value of operations, in millions? Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $1.234.567 then enter as 1234.57 in the answer box.