Question: Horizon Value Current and projected free cash flows for Radell Global Operations are shown below. Free cash flow. Actual (millions of dollars) 2013. 2014 $615.36.

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

Free cash flow. Actual (millions of dollars) 2013. 2014 $615.36. $676.04

Projected 2015. 2016 $716.09. $773.38

Growth is expected to be constant after 2015, and the weighted average cost of capital is 10.1%. What is the horizon (continuing) value at 2016 if growth from 2015 remains constant? Round your answer to the nearest dollar. Round intermediate calculations to two decimal places.

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