Question: Current and projected free cash flows for Radell Global Operations are shown here. The growth rate from 2023 to 2024 is projected to remain the
Current and projected free cash flows for Radell Global Operations are shown here. The growth rate from 2023 to 2024 is projected to remain the same for all years beyond 2024. The weighted average cost of capital is 11%. What is the horizon (continuing) value at 2024?

Actual 2021 Free cash flow (millions of dollars) $606.820 Projected 2022 2023 2024 $667.500 $707.547 $750.000
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