You have been asked to value Gold, Inc as a possible acquisition target. The firm is currently using 30% debt, has an all-equity beta of 2, and is subject to 21 percent corporate tax rate. The risk-free rate is 4 percent and the market risk premium is 8 percent. You expect that after 3 years (if still operating independently), the growth of the firm will be declining by 3.5 percent a year indefinitely. This also applies to the firms interest expenses. The forecasts for the FCF (in millions) for the next 3 years are 7, 10, and 6 (respectively). The forecasts for the interest expenses (in millions) are 3, 2.5 and 2 (respectively). What is the value of Gold, Inc based on the adjusted present value approach?