Question: Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2014, and the weighted average

Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2014, and the weighted average cost of capital is 11%. What is the horizon (continuing) value at 2014?

Actual 2012 $606.82 Projected 2014 $667.50 $707.55$750.00 13 2015 Free cash flow (millions of dollars)

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