Trek Technologies is a company you are considering acquiring. It has 100,000 shares of stock outstanding, and its current stock price is $50. It also has debt in the amount of $10 million (market value). You find that its equity beta is 1.3 and its debt beta is 0.1. The risk-free interest rate is 2%, and the market risk premium is 8%. The company currently projects free cash flows of $750,000 next year, and expects it to grow at a rate of 1% thereafter. How much should you be willing to pay for the company?