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Dantaler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, affer which FCF
Dantaler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, affer which FCF is expected to grow at a constant T\% rate. Dantrier's Wacc is 13%. Year FCF ($ millions) The data has been collected in the Microsoft Excel Online file belew. Open the spreadstieet and perform the required analysis to answer the questions below. Open spreadsheet a. What is Dantzier's hanzon, of continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Yeer 3 .) Reund your answer to tho decimal places. Enter your answer in milient. For example, an answer of $13,550,000 should be entered as 13.55. 5 militon b. What is the fim's value teday? flound your answer to two decimal places. Enter your answer in milioes. For example, an answer of 113,550,000 should be entered as 13.55. Do not round your intermediate calculations. 1 milion c. Suppose Dantzler has 587 million of debt and 11 milition thares of stock outstanding. What is your estimste of the cutrent price per share? Round your answer to two decimal places. Write out your answer completely. For exarepie, 0.00025 milion should be entered as 250
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