Question: Current and projected free cash flows for Radell Global Operations are shown below. Actual Projected 2019 2020 2021 2022 Free cash flow $614.620 $675.300 $715.347

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

Actual Projected

2019 2020 2021 2022

Free cash flow $614.620 $675.300 $715.347 $764.440

(millions of dollars)

Growth is expected to be constant after 2021, and the weighted average cost of capital is 10.8%. What is the horizon (continuing) value in 2022 if growth from 2021 remains constant? Do not round intermediate calculations. Do not round the growth rate. 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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