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Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2015, and the weighted average
Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2015, and the weighted average cost of capital is 10.95%. What is the horizon (continuing) value at 2016 if growth from 2015 remains constant? Round your answer to the nearest dollar. ARound intermediate calculations to two decimal places.
Free Cash Flow (Millions of dollars) Actual
2013 - $615.44 2014 - $676.12
Projected
2015 - $716.17
2016 - $759.14
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