Dantzler Corporation is a fast$-$growing supplier 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 $5\%$ rate. Dantzler's WACC is $12\%.$

Year

FCF $($ $ millions$)$

a$.$ What is Dantzler's horizon, or continuing, value? $($Hint: Find the value of all free cash flows beyond Year $3$ discounted back to Year $3.)$ Enter your answer in

millions. For example, an answer of $$13,550,000$ should be entered as $13\mathrm{.}55.$ Do not round intermediate calculations. Round your answer to two decimal

places.

$$,$ million

b$.$ What is the firm's market value today? Assume that Dantzler has zero nonoperating assets. Enter your answer in millions. For example, an answer of

$$13,550,000$ should be entered as $13\mathrm{.}55.$ Do not round intermediate calculations. Round your answer to two decimal places.

$$,$ million

c$.$ Suppose Dantzler has $$156\mathrm{.}00$ million of debt and $28$ million shares of stock outstanding. What is your estimate of the current price per share? Write out your

answer completely. For example, $0\mathrm{.}00025$ million should be entered as $250.$ Do not round intermediate calculations. Round your answer to the nearest cent.

$