Lemmon has EAT, depreciation expense, capital expenses, and debt principal payments of $4m, $.2m, $.3m, and $.5m respectively. Its ROR in the market has been 12 %, and the risk-free rate is .02. Between the first and the second years, it has current assets of $11m and $11.4m and current debts of $5m and $5.1m respectively. Its unlevered beta, D/E, and t are 2, 60/40, and .25 respectively. Lemmons ROE is 20%, and it plows about 30% of its profits back into its business. Derive the value of Lemmon.