Suppose Boyson Corporation's projected free cash flow for next year is FCF₁ = $370,000, and FCF is expected to grow at a constant rate of 6.5%. Assume the firm has zero non-operating assets. If the company's weighted average cost of capital is 11.5%, then what is the firm's total corporate value?

. $5,692,308

b. $7,881,000

c. $6,948,357

d. $7,400,000

e. $6,346,923