$17.$ Gekko Properties is considering purchasing Teldar Properties. Gekko's analysts project that the merger will result in incremental after$-$tax cash flows of $$2$ million, $$4$ million, $$5$ million, and $$10$ million over the next four years to Gekko Properties. The terminal value of the firm's operations, as of Year $4,$ is expected to be $$107$ million. Assume all cash flows occur at the end of the year. The acquisition will be made undertaken immediately. Teldar$$s post$-$merger beta is estimated to be $2\mathrm{.}0,$ and its post$-$merger tax rate would be $35\%.$ The risk$-$free rate is $6\%,$ and the market risk premium is $5\mathrm{.}5\%.$ What is the value of Teldar to Gekko Properties?