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CORPORATE VALUATION at a constant 4% rate. Danze swACC s Dantzler Corporation is a rast growing supplier orom ce products. Analysts pr ect the following
CORPORATE VALUATION at a constant 4% rate. Danze swACC s Dantzler Corporation is a rast growing supplier orom ce products. Analysts pr ect the following free cas no s F Fs during the next 3 years, a er which FO s expected to gro 14%. Year FCF (S millions) $14$32$47 a. What is Dantzers 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 millions. For example, an answer of $13,550,000 should be entered as 13.55 million 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. million C. Suppose Dantzler has 179 million of debt and 7 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 ans er completely For example, 0.00025 million should be entered as 250
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