Answer the $3$ questions below. Answers are pevided in the picture too but beed more clear steps to answer

a$.$ What is Dozier's terminal $($horizon$)$ value?

b$.$ What is the current value of operations for Dozier?

c$.$ Suppose Dozier has $$10$ million in marketable securities$,$ $$100$ million in debt, and $10$ million shares outstanding. What is the price per share?

In Class Solutions $10$

Corporate Valuation and Value$-$Based Management

Corporate Valuation

a$.H{V}_3=\frac{\text{\$}40(1\mathrm{.}07)}{0\mathrm{.}13-0\mathrm{.}07}=$$$713\mathrm{.}33.$

b$.$

c$.$ Total yalue $e_1=$$$527\mathrm{.}89+$$$10\mathrm{.}0=$$$537\mathrm{.}89.$