Harvey Gorman expects earnings of $92.5 million at the end of the year (at t=1 ) and to pay dividends of $40.0 million and buy back shares worth $11.6 million. For the following 17 years, earnings should grow at 15.8% annually (until t=18 ), after which should grow at 3.5% for a long time. If the firm's cost of equity capital is 13.2% and the dividend and repurchase rates are expected to stay what is the total market value of the Harvey Gorman's equity? millions (Give answer to 2 decimal places)