Your company is exploring the possibility of buying a supplier's plant. The plant currently generates annual OCF of $$21$million, with a terminal value of $$120$ million in ten years. The acquisition of this plant can also produce annual pre$-$tax cost savings of $$2\mathrm{.}4$ million, starting in year $3$ after the acquisition, with a growth rate of $2\%.$ What is the highest price you can pay for the competitor's plant if your WACC is $9\%.$ Marginal tax rate is $25\%.$

$$156$ million

$$194$ million

$$214$ million

$$207$ million

$$220$ million