You have just valued the FCFF of Ballisto Inc., a food processing company at $650 million. You are interested in valuing the equity of Ballisto, and have not yet taken dealt with a few items on your check list: cash, crossholdings and contingent liabilities. You have gathered the following information: 1) Ballisto owns 75% of CDG Inc, a small publicly traded food company. This holding is fully consolidated. CDG. Inc. has 28 million shares outstanding trading at $12.50. 2) Ballisto's current cash balance is $30 million. Ballisto has earned a return on capital roughly equal to its cost of capital for the past 10 years. 3) The market value of interest-bearing debt is $100 million. 4) Ballisto is the target of a food poisoning lawsuit. You estimate that there is a 40% probability that it will lose the lawsuit. If that were to happen, Ballisto would be responsible to pay $25 million. What is the value of equity of Ballisto Inc