Question: please answer :) odule 6 Homework 14. Problem 9.15 (Corporate Valuation) B eBook 1 Problem Walk-Through Dantzler Corporation is a fast-growing supplier of office products.
odule 6 Homework 14. Problem 9.15 (Corporate Valuation) B eBook 1 Problem Walk-Through 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 5% rate. Dantzler's WACC IS 11% Year 0 2 517 $35 FCFS millions) 514 a. What is Dantzler's hortzon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Yoar 3.) Enter your answer in millions. For example, an answer of $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 $13,550,000 should be entered os 13.55. Do not round Intermediate calculations. Round your answer to two decimal places milion 5 C. Suppono Dantzler has $139.60 million of debt and 29 million shares of stock outstanding. What is your estimate of the current price per share Write out your answer completely. For example, 0.00025 milion should be entered os 250. Do not round intermediate calculations. Round your answer to the nearest cent
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