You have determined that for Rachel's Raiseny Rockin Rolls, LLP., the Free Cash Flow to Equity at the end of this fiscal year will be $23100, and that is expected to grow at 3.5%. You have also calculated that the cost of equity is 11.38%, the WACC is 8.21%, the Market return is 10.19%, and the risk-free rate is 0.28%. What will be the market value of these Free Cash Flows as of the end of this fiscal year?

Select one:

a.

$8538749

b.

$303407

c.

insufficient information to determine

d.

$330392

e.

$507611

f.

$432494

g.

$357376