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0 1 $5.00 2 S22 00 4 F13 (1+B7) 24 Formulas 25 26 FCFS 27 Horizon value 28 Total FCFS 29 30 PV of FCFs

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0 1 $5.00 2 S22 00 4 F13 (1+B7) 24 Formulas 25 26 FCFS 27 Horizon value 28 Total FCFS 29 30 PV of FCFs to investors 31 32 Firm value today 3 $45.00 EG13B8-87) =F13+F14 13:14 -E13 F14 PV(B8,0120 D15) PV(88, E12,0.15) PV(88, F12,0,F15) SUMD17F171 019-89 -C21/810 34 Market value of equity, MIVE 35 Price per share. Po 36 37 38 39 41 42 44 45 46 48 Sheet1 + Calculation Mode Automatic Work Statistics Type here to search ORI N Dantzler Corporation is a fast growing supplier of office products. Analysts project the following free cash flows (FCFS) during the next years, after which FCF is expected to grow at a constant 4% rate. Dantzler's WACC is 10% O 2 3 Year FCF (S millions) 55 522 545 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analys to answer the questions below. HHH Poeniteadsheed 3. What is Dantzlet's horizon, or continuing, value? Mint Rind the volue of all free cash flows beyond your 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 - 13.55 $ 780 million b. What is the value today? Round your answer to two decimal places. Enter your rower in millions, For example, an answer of $13,550,000 should be entered s 13:55. Do not found your intermediate calculation 5 1278.10 million c. Suppose Dantzler his $37 million of debt and 20 million shares of stock outstanding. What is your estimate of the current price per have Round your answer to two decimal places. Wite out your answer completely. For example, 0.00025 million should be entered 250 $ Net Back 721 PM 4/7/2021 O No

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