Question: Current and projected free cash flows for Radell Global Operations are shown below. Actual Projected 2021 2022 2023 2024 Free cash flow: $604.420 $665.100 $705.147
Current and projected free cash flows for Radell Global Operations are shown below.
Actual Projected 2021 2022 2023 2024
Free cash flow: $604.420 $665.100 $705.147 $761.751(millions of dollars)
Growth is expected to be constant after 2023, and the weighted average cost of capital is 10%. What is the horizon (continuing) value at 2024 if growth from 2023 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.
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