Question: Current and projected free cash flows for Radell Global Operations are shown below. Actual Projected 2019 2020 2021 2022 Free cash flow $602.160 $662.840 $702.887

Current and projected free cash flows for Radell Global Operations are shown below.

Actual Projected
2019 2020 2021 2022
Free cash flow $602.160 $662.840 $702.887 $751.980
(millions of dollars)

Growth is expected to be constant after 2021, and the weighted average cost of capital is 11.3%. What is the horizon (continuing) value at 2022 if growth from 2021 remains constant? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.

$ million

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