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Current and projected free cash flows for Radell Global Operations are shown below. Actual 2018 2019 Projected 2020 2021 Free cash flow $609.46 $670.14 $710.19

Current and projected free cash flows for Radell Global Operations are shown below.


Actual
2018

2019
Projected
2020

2021
Free cash flow $609.46 $670.14 $710.19 $759.90
(millions of dollars)

Growth is expected to be constant after 2020, and the weighted average cost of capital is 10.1%. What is the horizon (continuing) value at 2021 if growth from 2020 remains constant? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.

$ million

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