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Dantzier 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
Dantzier 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 constint 7% rite. oantrier's. WACC is 15% : Year rCFis millions) a. What is Dantzlen's hortzon, or continuling, value? (Hints Find the value of ail free cash flows beyand Year 3 discounted back to Year 3. ) Enter your answer in milichs. For 5 minion b. What is the firm's market value today? Assume that Dantaler has zero nonoperating assets. Ertier your onswec in millons. For example, an answer of 113,550,000 shoule 5 mition 3
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