The following information is provided for the Delta Corporation (amounts are in millions) : 
Assume deferred taxes and any other non-cash asset accounts are negligible.
-Refer to the information above. Cash flows are expected to grow indefinitely at 6% after 2011. The firm's cost of capital is 10%. What is the terminal value of the firm at the end of 2011?
Round your answer to the nearest hundred thousand dollars.
Definitions:
Sales Forecast Approach
A method used to estimate the future sales of a product or service based on historical data, market trends, and economic conditions.
Equalized Workload Method
A management strategy where tasks and responsibilities are distributed among team members in a way that ensures an equitable share of workload and prevents burnout.
Market Potential
The maximum total sales of a product or service that all sellers could achieve in a specific market segment during a certain time period, under ideal conditions.
Sales Management
The practice of directing and controlling sales operations and teams to achieve set sales targets and objectives.
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