You are utilizing a corporate valuation model. You have determined that the Free Cash Flow for last year (t=0) was $100. The analysis indicates that the FCFs will grow at a rate of 6% for two years, followed by the next two years at 4%, and then growing at the rate of 2% indefinitely. Utilizing a market value approach, the WACC is 12%. What is the horizon value for the fourth year for this model?