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Current and projected free cash flows for Radell Global Operations are shown below. Actual Projected 2021 2022 2023 2024 Free cash flow $608.140 $668.820 $708.867
Current and projected free cash flows for Radell Global Operations are shown below.
Actual | Projected | |||
2021 | 2022 | 2023 | 2024 | |
Free cash flow | $608.140 | $668.820 | $708.867 | $765.471 |
(millions of dollars) |
Growth is expected to be constant after 2023, and the weighted average cost of capital is 10%. What is the horizon (continuing) value at 2024 if growth from 2023 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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