Computech Corporation is expanding rapidly and currently needs to retain all of its earnings hence, it does not pay dividends However, investors expect Computech to begin paying dividends, beginning with a dividend of $1 75 coming 3 years from today The dividend should grow rapidly at a rate of 48 per year during Years 4 and 5, but after Year 5, growth should be a constant 4 per year If the required return on Computech is 16 , what is the value of the stock today Do not round intermediate calculations Round your answer to the nearest cent $ 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 5 rate Dantzler's WACC is 15 Year 0 1 2 3 FCF ($ millions) $8 $10 $56 What is Dantzler's horizon, or continuing, value (Hint Find the value of all free cash flows beyond Year 3 discounted back to Year 3 ) 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 What is the firm's market value today Assume that Dantzler 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 Suppose Dantzler has $51 10 million of debt and 30 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 Ans $ Carnes Cosmetics Co 's stock price is $41, and it recently paid a $2 50 dividend This dividend is expected to grow by 19 for the next 3 years, then grow forever at a constant rate, g and rs 15 At what constant rate is the stock expected to grow after Year 3 Do not round intermediate calculations Round your answer to two decimal places Assume that today is December 31, 2019, and that the following information applies to Abner Airlines After tax operating income EBIT(1 T) for 2020 is expected to be $550 million The depreciation expense for 2020 is expected to be $100 million The capital expenditures for 2020 are expected to be $200 million No change is expected in net operating working capital The free cash flow is expected to grow at a constant rate of 6 per year The required return on equity is 13 The WACC is 12 The firm has $191 million of non operating assets The market value of the company's debt is $4 041 billion 120 million shares of stock are outstanding Using the corporate valuation model approach, what should be the company's stock price today Do not round intermediate calculations Round your answer to the nearest cent

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Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to

Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.75 coming 3 years from today. The dividend should grow rapidly - at a rate of 48% per year - during Years 4 and 5, but after Year 5, growth should be a constant 4% per year. If the required return on Computech is 16%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent.

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 5% rate. Dantzler's WACC is 15%.

Year 0 1 2 3

....... ....... ....... ....... ....... ....... ....... .......

....... ....... ....... ....... ....... ....... ....... ......

FCF ($ millions) - $8 $10 $56

What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) 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

What is the firm's market value today? Assume that Dantzler 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

Suppose Dantzler has $51.10 million of debt and 30 million shares of stock outstanding. What is your estimate of the current price per share? Write out your answer completely. For example, 0.00025 million should be entered as 250. Do not round intermediate calculations. Round your answer to the nearest cent. Ans:.$

Carnes Cosmetics Co.'s stock price is $41, and it recently paid a $2.50 dividend. This dividend is expected to grow by 19% for the next 3 years, then grow forever at a constant rate, g; and rs = 15%. At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal places.

Assume that today is December 31, 2019, and that the following information applies to Abner Airlines:

After-tax operating income [EBIT(1 - T)] for 2020 is expected to be $550 million.

The depreciation expense for 2020 is expected to be $100 million.

The capital expenditures for 2020 are expected to be $200 million.

No change is expected in net operating working capital.

The free cash flow is expected to grow at a constant rate of 6% per year.

The required return on equity is 13%.

The WACC is 12%.

The firm has $191 million of non-operating assets.

The market value of the company's debt is $4.041 billion.

120 million shares of stock are outstanding.

Using the corporate valuation model approach, what should be the company's stock price today? Do not round intermediate calculations. Round your answer to the nearest cent.