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Dancerer Corporation is a tast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, anter, which FCF

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Dancerer Corporation is a tast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, anter, which FCF is expected to grow at a constant 8% rate. Dantzler's WACC is 10%. a. What is Dantzler's horiton, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3. ) Enter your answee in millions. for examble. an answer of $13,550,000 should be entered as 13.55 . Do not round intermediate calculations. Round your answer to two decimel olaces. 5 million b. What is the firm's makcet value today? Assume that Dantzler has zero nonoperating assets. Enter your answec in miltions. For example, an answer of 313,550,000 should be - intarast at 1755 . Do not round intermediate calculations. Round your answer to two decimal places. 3 milition c. Suppout Dantzier has $84.80 million of debt and 10 million shares of stock outstanding. What is your estimate of the current price per thare? Wite out your answer comnletelv. For example, 0.00025 mdilion should be entered as 250. Do not round intermediate caiculations. Round your answer to the nearest cent. 5

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