Forelgn Investment Analysis Chapman, Inc.'s Mexican subsidiary, V. Gomez Corporation, is expected to pay to Chapman 50 pesos in dividends in I yeor after all foreign and U.S. taxes have been subtracted. The exchange rate in 1 year is expected to be 0.13 dollars per peso, After this, the peso is expected to depreciate against the dollar at a rate of S\% a year forever due to the different inflation rates in the United States and Mexico. The peso-denominated dividend is expected to grow at a rate of 6% a year indefinitely. Chapman owns 5 milion shares of V. Gomez. What is the present value of the dividend stream, in dollars, assurning V, Gomer's cost of equity is 15% ? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of 51.23 millon should be entered as 1.23, not 1,230,000. Round your answer to two decimal places. 5 million