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Dantzler Corporation is a fast - growing supplier of office products. Analysts project the following free cash flows ( FCFs ) during the next 3
Dantzler Corporation is a fastgrowing supplier of office products. Analysts project the following free cash flows FCFs during the next years, after which FCF is expected to grow at a constant rate. Dantzler's WACC is
Year
FCF
millions
The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analygis to answer the questions below.
DO NOT USE THE ATTACHED SPREADSHEET.
What is Dantzler's horizon, or continuing, value? Hint: Find the value of all free cash flows beyond Year discounted back to Year Round your answer to two decimal places. Enter your answer in millions, For example, an answer of $ should be entered as
million
b What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $ should be entered as Do not round your intermediate calculations.
s million
c Suppose Dantler has $ million of debt and 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, million should be entered as
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