Leos Cars has a beta of 1.1 and its R_WACC is 13.6 percent. The market risk premium is 7.2 percent, and the risk-free rate is 2.3 percent. The firm's cash flow at Time 4 is $28,800 with a growth rate of 2.1 percent. What is the value of the firm at Time 0?

Select one:

a. $260,729.20

b. $255,693.91

c. $150,238.21

d. $251,004.16

e. $153,534.88