You are running a major tech company, Technology Innovation Inc. $($TIC$),$ and are thinking about investing in electric vehicles $($EV$)$ through a new solely owned start$-$up$,$ TIC$2.$ The new endeavor requires an initial investment of $$50\mathrm{.}00$ billion $($year $0)$ and yields a perpetual pre$-$tax earnings of $$10\mathrm{.}00$ billion per year, starting the following year $($year $1).$ TIC$2$s tax rate is $20\mathrm{.}00\%.$

TIC is currently all equity financed and can issue new equity to finance the initial investment of TIC$2.$ It can also raise new capital through TIC$2$ to fund the investment. There is a listed company, eCar, which is in the EV business. You have the following data:

TIC $1\mathrm{.}000\mathrm{.}000\mathrm{.}0030\mathrm{.}00\%$

eCar $1\mathrm{.}210\mathrm{.}210\mathrm{.}3620\mathrm{.}00\%$

Assume that CAPM is valid, the risk$-$free interest rate is $1\mathrm{.}17\%,$ the risk premium on the market portfolio is $6\mathrm{.}03\%,$ and eCar keeps its debt$-$to$-$value ratio constant. What is the after$-$tax cash flow of TIC$2$ each year?