Dantzler Corporation is a fast$-$growing supplier Corporate valuation

FCFs

Horizon value

Total FCFs

$PV$ of FCFs to investors

Firm value today

Market value of equity, $M{V}_{\text{E}\text{q}\text{u}\text{i}\text{t}\text{y}}$

Price per share, $P_0$

FCFs

Horizon value

Total FCFs

$PV$ of FCFs to investors

Firm value today

Market value of equity, $M{V}_{\text{E}\text{q}\text{u}\text{i}\text{t}\text{y}}$

Price per share, $P_0$

B

C

D

E

F

G

$35$

$0$

$1$

$2$

$3$

$$47\mathrm{.}00$

$4$

$-$$$12\mathrm{.}00$

$$23\mathrm{.}00$of office products. Analysts project the following free cash flows $($FCFs$)$ during the next $3$ years, after which FCF is expected to grow at a constant $6\%$ rate. Dantzler's WACC is $13\%.$

Year $0123$

$........................................................$

FCF $($$ millions$).......................................................$

$-$ $$12$ $$23$ $$47$

The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.What is Dantzler's horizon, or continuing, value? $($Hint: Find the value of all free cash flows beyond Year $3$ discounted back to Year $3.)$ Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $$13,550,000$ should be entered as $13\mathrm{.}55.$What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $$13,550,000$ should be entered as $13\mathrm{.}55.$ Do not round your intermediate calculations.Suppose Dantzler has $$130$ million of debt and $35$ million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For example, $0\mathrm{.}00025$ million should be entered as $250.$