The Free Cash Flows (In Millions)shown Below Are Forecast by Parker

The free cash flows (in millions) shown below are forecast by Parker & Sons.If the weighted average cost of capital is 11% and FCF is expected to grow at a rate of 5% after Year 2,what is the Year 0 value of operations,in millions? Assume that the ROIC is expected to remain constant in Year 2 and beyond (and do not make any half-year adjustments) .

A) $1,456
B) $1,529
C) $1,606
D) $1,686
E) $1,770