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cel Online Structured Activity: Corporate valuation Dance Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) during the
cel Online Structured Activity: Corporate valuation Dance 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 4 rate. Dante's WACC is 0 1 2 3 FCFS 533 554 The deca has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. What is Dante's horizon, or continuing value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in milions. For example, anower of $13.550.000 should be entered as 13.55. 5 b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations 5 Suppose Danser has $137 million of debt and 5 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For comple, 0.00025 million should be entered as 250
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