You are analyzing the purchase of a company as part of the Mergers & Acquisitions team. Your target firm is generating annual earnings of $15,000,000 per year (earnings - cash flow). Yu expect that the firm will stay at this level for this year and next year, and then grow at 3% per year after that. You have identified that 10% would be the correct cost of capital for this company. Assume that all cash flows occur at year-end (simplicity and conservatism) rather than throughout the year. What would the most you would pay for the company today if you require a positive NPV of $10,000,000? (answer]