Question: Current and projected free cash flows for Radell Global Operations are shown below. Actual 2016 2017 Projected 2018 2019 Free cash flow $620.00 $680.68 $720.73
Current and projected free cash flows for Radell Global Operations are shown below. Actual 2016 2017 Projected 2018 2019 Free cash flow $620.00 $680.68 $720.73 $763.97 (millions of dollars) Growth is expected to be constant after 2018, and the weighted average cost of capital is 10.7%. What is the horizon (continuing) value at 2019 if growth from 2018 remains constant? Round your answer to the nearest dollar. Round intermediate calculations to two decimal places. $_____
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