Suppose that the Big Burger Corporation wants to add 500.00 new franchises this year that will be operated by the company. Each franchise will be financed with debt and equity at a cost of $2.00 million, Big Burger wants to estimate their cost of financing this venture, starting with the debt. The company will use 60.00% debt financing for the project Currently, the company has AA-rated bonds trading on the secondary market at 101.00% of face value. These bonds have a face value of $800.00 million, and pay an annual coupon rate of 6.00%. The company has a 35.00% tax rate, and the existing bonds will mature in 10 years. How much debt will the company issue to finance the new franchises? (answer in terms of millions)