Intrinsic Value Estimation of XYZ Corporation

XYZ Corporation has projected the following free cash flows (FCF) for the next five years:

• Year 1: $100 million
• Year 2: $120 million
• Year 3: $150 million
• Year 4: $180 million
• Year 5: $210 million

After Year 5, XYZ Corporation is expected to grow at a stable rate of 4% indefinitely. The company's weighted average cost of capital (WACC) is 8%. Based on the discounted free cash flow valuation method, what is the estimated intrinsic value of XYZ Corporation's equity today?