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Attempts: Keep the Highest: 13 8. Problem 9.15 (Corporate Valuation) ebook Problem Walk-Through Dantzler Corporation is a fast-growing supplier of office products. Analysts project the

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Attempts: Keep the Highest: 13 8. Problem 9.15 (Corporate Valuation) ebook 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 8% rate. Dantzler's WACC IS 11%. Year - $22 FCF 5 millions) discounted back to Year 3.) Enter your answer in millions, For a. What is Dantzler's horizon, or continuing, value? (Hint Find the value of all free cash flows beyond Year 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 Dantler has zero non-operating assets. 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 c. Suppose Dantzler has $30.10 million of debt and 18 million shares of stock outstanding. What is your estimate of the current price per share? Write out your answer completely. For example, 0.00025 million should be entered as 250. Do not round intermediate calculations. Round your answer to the nearest cent Save Can Continue without saving

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