Thunder corporation is considering starting a new project. The expected free cash flows are as follows:

Year	0	1	2	3
FCF ($ millions)	-200	100	80	60

The market value balance sheet and information regarding Thunder Corporations cost of capital are also available, noting that the tax rate is 30%.

Assets ($ millions)	Liabilities ($ millions)	Cost of capital
Cash 0	Debt 700	Debt 6.3%
Other assets 1000	Equity 300	Equity 15.1%

Suppose that Thunder Corporation plans to borrow $171 million to fund this new project. If the principal of $171 million will be paid in 3 equal installments at the end of each year (year 1, year 2 and year 3). The levered value of this new projects is closest to: