Suppose Madura & Co's projected free cash flow for next year is $$150,000,$ and FCF is expected to grow at a constant rate of $8\%.$ If the company's weighted average cost of capital is $10\%,$ what is the value of its operations?

$$3,543,750$

$$7,500,000$

$$11,812,500$

$$11,250,000$

$$16,875,000$