Current and projected free cash flows for Radell Global Operations are shown here. Growth is expected to be constant after 2020, and the weighted average cost of capital is 11%. What is the horizon (continuing) value at 2021 if growth from 2020 remains constant?

Transcribed Image Text:

Actual Projected 2018 2019 2020 2021 Free cash flow (millions of dollars) $606.82 $667.50 $707.55 $750.00