{"pre_text": ["packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2002 2 .", "summary of significant accounting policies ( continued ) stock-based compensation pca entered into management equity agreements in june 1999 with 125 of its management-level employees .", "these agreements provide for the grant of options to purchase up to an aggregate of 6576460 shares of pca 2019s common stock at $ 4.55 per share , the same price per share at which pca holdings llc purchased common stock in the transactions .", "the agreement called for these options to vest ratably over a five-year period , or upon completion of an initial public offering , full vesting with contractual restrictions on transfer for a period of up to 18 months following completion of the offering .", "the options vested with the initial public offering in january 2000 , and the restriction period ended august , 2001 .", "in october 1999 , the company adopted a long-term equity incentive plan , which provides for grants of stock options , stock appreciation rights ( sars ) , restricted stock and performance awards to directors , officers and employees of pca , as well as others who engage in services for pca .", "option awards granted to officers and employees vest ratably over a four-year period , whereas option awards granted to directors vest immediately .", "under the plan , which will terminate on june 1 , 2009 , up to 4400000 shares of common stock is available for issuance under the long-term equity incentive plan .", "a summary of the company 2019s stock option activity , and related information for the years ended december 31 , 2002 , 2001 and 2000 follows : options weighted-average exercise price ."], "post_text": ["clean proof : for cycle 12 ."], "table": [["", "options", "weighted-average exercise price"], ["balance january 1 2000", "6569200", "$ 4.55"], ["granted", "1059700", "11.92"], ["exercised", "-398138 ( 398138 )", "4.55"], ["forfeited", "-26560 ( 26560 )", "6.88"], ["balance december 31 2000", "7204202", "$ 5.62"], ["granted", "953350", "15.45"], ["exercised", "-1662475 ( 1662475 )", "4.59"], ["forfeited", "-16634 ( 16634 )", "11.18"], ["balance december 31 2001", "6478443", "$ 7.31"], ["granted", "871000", "19.55"], ["exercised", "-811791 ( 811791 )", "5.52"], ["forfeited", "-63550 ( 63550 )", "15.44"], ["balance december 31 2002", "6474102", "$ 9.10"]], "table_ori": [["", "Options", "Weighted-Average Exercise Price"], ["Balance, January 1, 2000", "6,569,200", "$4.55"], ["Granted", "1,059,700", "11.92"], ["Exercised", "(398,138)", "4.55"], ["Forfeited", "(26,560)", "6.88"], ["Balance, December 31, 2000", "7,204,202", "$5.62"], ["Granted", "953,350", "15.45"], ["Exercised", "(1,662,475)", "4.59"], ["Forfeited", "(16,634)", "11.18"], ["Balance, December 31, 2001", "6,478,443", "$7.31"], ["Granted", "871,000", "19.55"], ["Exercised", "(811,791)", "5.52"], ["Forfeited", "(63,550)", "15.44"], ["Balance, December 31, 2002", "6,474,102", "$9.10"]]}

Question: what is the total value of the balance of options as of january 1 , 2000 , in millions?
Evidence:
table_1: the balance january 1 2000 of options is 6569200 ; the balance january 1 2000 of weighted-average exercise price is $ 4.55 ;
Program: multiply(6569200, 4.55), divide(#0, const_1000000)
Answer:
str_answer: 29.9
exe_answer: 29.88986