Question: Help Q Search this course ework Click here to read the eBook: Enterprise-Based Approach to Valuat CORPORATE VALUATION Dantzler Corporation is a fast-growing supplier of
Q Search this course ework Click here to read the eBook: Enterprise-Based Approach to Valuat CORPORATE VALUATION Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, after which FCF is expected to grow at a constant 6% rate. Dantzler's wACC is 13%. Year $19 $21 $42 FCF (S millions) a. 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 wer in millions. For example, an answer of $13,550,000 should be entered as 13.5s. million d your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered What is the firm's value today? Roun as 13.55. Do not round your intermediate calculations. b. ice per share? Round your answer to c. Suppose Dantzler has $52 million of debt and 34 miallion shares of stock outstanding. What is y two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250, Check My Work (3 remaining)
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