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

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Computes Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computes to begin paying dividends, beginning with a dividend of SI.75 coming 3 years from today. The dividend should grow rapidly - al a rate of 37% per year - during Years 4 and 5; but after Year 5. growth should be a constant 8% per year. If the required return on Computes is 16%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations. $ _ Corporate valuation 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 16%. What is Dantzler's horizon, or continuing, value? Enter your answer in millions. For example, an answer of $13.550.000 should be entered as 13.55. $ _ million What is the firm's value today? 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. $ _ million Suppose Dantzler has $141 million of debt and 7 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. $ _

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