Question: Current and projected free cash flows for Radell Global Operations are shown below. Actual 2018 2019 Projected 2020 2021 Free cash flow $611.08 $671.76 $711.81

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


Actual 2018 2019 Projected 2020 2021
Free cash flow $611.08 $671.76 $711.81 $768.75
(millions of dollars)

Growth is expected to be constant after 2020, and the weighted average cost of capital is 11.15%. 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!