Jaime Corporation reported net income of $60 million for last year. Depreciation expense totaled $20 million and capital expenditures came to $5 million. Free cash flow is expected to grow at a rate of 6% for the foreseeable future. Lambert faces a 30% tax rate and has a 0.40 debt to equity ratio with $200 million (market value) in debt outstanding. Lambert's equity beta is 1.20, the risk-free rate is currently 4% and the market risk premium is estimated to be 7%. What is the current total value of Jaime Corporation's equity (in millions)? Pick the closest answer.