Question: ent: Module 4 Homework Q Search this course Problem 9.15 (Corporate Valuation) Save Summer for Grading Quinto B Check My Working eBook Problem Walk-Through Dantzler
ent: Module 4 Homework Q Search this course Problem 9.15 (Corporate Valuation) Save Summer for Grading Quinto B Check My Working eBook Problem Walk-Through Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) during the next years, after which FCF is expected to grow a constant rate. Dantzler's WACC is 12% Year 0 2. 3 $17 FCF (5 millions) - $17 $37 -Lavigation Menu Pantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Enter your answer in millions. For example, an answer 13,550,000 should be entered as 13.55. Do not round intermediate calculations, Round your answer to two decimal places. million b. What is the firm's market value today? Assume that Dantzler has zero non-operating assets. Enter your answer in millions. For example, an answer of $13,350,000 should be entered as 13:35. DO not round intermediate calculations. Round your answer to two decimal places $ million c. Suppose Dantzler has $59.70 million of debt and 30 million shares of stock outstanding. What is your estimate of the current price per share write out your answer completely. For example, 0.00025 million should be entered as 250. Do not round intermediate calculations. Round your answer to the nearest cent. $ Check My Work (3 remaining) Olon Key Problem 9.15 (Corporate Valuation) unition 18 20 Sument for Grading
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