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Value the following scenario, assuming there is no end to the timeline and the following data: Cost of equity- 16.11% Cost of debt 6.29% Debt

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Value the following scenario, assuming there is no end to the timeline and the following data: Cost of equity- 16.11% Cost of debt 6.29% Debt $576MM Equity $1,246MM Tax rate 40% Long-term growth expectations - 3.8% Future Equity Cash Flows (FCFE) are forecast as follows: Year 0: n/a Year 1: 126 Year 2: 149 Year 3: 163 Year 4: 177 Year 5: 183 (Round your answer to the nearest cent)

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