Present Value of Free Cash Flow

ABC Technologies is a growing company in the software sector. The firm's management plans to utilize Free Cash Flow (FCF) for its valuation purposes. For the upcoming fiscal year, the company expects to generate $1,000,000 in free cash flow. ABC Technologies is preparing to use a discount rate of 10% for its free cash flow calculations. What is the present value of the free cash flow if it is expected to remain constant in perpetuity?