You expect Procter & Gamble will pay a dividend of $7.8 billion and repurchase $7.3 billion of its common shares next year (Year 1) with both expected to grow 5% in Year 2 and 4% in Year 3. If you expect P&G's market cap will be $340 billion at the end of Year 3, and you have calculated the cost of equity to be 8.0%.

What do you estimate the true value of the company's net worth to be now?