Question: File Home Insert Data Review View Help Tell me what you want to do G13 1 Corporate valuation 3 4 5 6 Dollars/shares in milions

File Home Insert Data Review View Help Tell me what you want to do G13 1 Corporate valuation 3 4 5 6 Dollars/shares in milions FCF FCF FCF Constant growth rate, WACC Market value of debt Common shares outstanding $10.00 $2600 $41.00 8.00% 1200% $132.00 11 10 3 $10.00 54100 13 FCFs 14 Horizon value 15 Total FCFs 17 PV of FCFs to investors 19 Firm value today 21 Market value of equity, MVE 22 Price per share, P. Fomulas Dantzler Corporation is a fast-growing supplier of office products. Analysts project FCF is expected to grow at a constant 8% rate. Dantzler's WACC is 12% sh flows (FCFS) during the next 3 years, after which Year FCF ($ millions) - $10 $26 $41 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadshee 3. What is Dantzler's horizon, or continuing, value? (Hint Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. million b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations. million c. Suppose Dantzler has 5132 million of debt and 37 million shares of stock outstanding. What is your estimate of the current price per share Round you answer to two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250
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