Lansing Corporation reported net income of $$65$ million for last year. Depreciation expense totaled $$15$ million and capital expenditures came to $$6$ million. Free cash flow is expected to grow at a rate of $4\mathrm{.}5$ percent for the foreseeable future. Lansing faces a $21$ percent tax rate and has a $\mathrm{.}35$ debt to equity ratio with $$260$ million $($market value$)$ in debt outstanding. Lansing's equity beta is $1\mathrm{.}35,$ the risk$-$free rate is currently $5$ percent, and the market risk premium is estimated to be $6\mathrm{.}5$ percent. What is the current total value of Lansing's equity $($in millions$)?$

Multiple Choice

$$655\mathrm{.}90$

$$788\mathrm{.}65$

$$840\mathrm{.}61$

$$951\mathrm{.}26$

$$1,025\mathrm{.}95$