The market value of DeLoach Photography$$s debt is $$200,000$ and its yield is $8\%.$ The firm's equity has a market value of $$800,000,$ its free cash flows are growing at a $4\%$ rate, and its tax rate is $25\%.$ A similar firm with no debt has a cost of equity of $12\%.$ Using the compressed adjusted present value $($CAPV$)$ model, what would its total value be if it had no debt?

$$878,750$

$$925,000$

$$950,000$

$$997,500$

$$1,050,000$