Question: Current and projected free cash flows for Radell Global Operations are shown below. Actual 2018 2019 $674.46 Projected 2020 $714.51 2021 $757.38 $613.78 Free cash

 Current and projected free cash flows for Radell Global Operations are

Current and projected free cash flows for Radell Global Operations are shown below. Actual 2018 2019 $674.46 Projected 2020 $714.51 2021 $757.38 $613.78 Free cash flow (millions of dollars) Growth is expected to be constant after 2020, and the weighted average cost of capital is 11.45%. What is the horizon (continuing) value at 2021 if growth from 2020 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!