Question: Problem 7-7 Horizon Value Current and projected free cash flows for Radell Global Operations are shown below Actual 2013 $610.32 $671.00 $711.05 $767.93 Projected 2015

Problem 7-7 Horizon Value Current and projected free cash flows for Radell Global Operations are shown below Actual 2013 $610.32 $671.00 $711.05 $767.93 Projected 2015 2014 2016 Free cash flow (millions of dollars) Growth is expected to be constant after 2015, and the weighted average cost of capital is 11.8%, 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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