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 4% rate. Dantzler's WACC is 14%.

FCF ($ millions) - $11 $34 $40

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 13.55. Do not round intermediate calculations. Round your answer to two decimal places. $ $ 1 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 13.55. Do not round intermediate calculations. Round your answer to two decimal places. million

c. Suppose Dantzler has $45.80 million of debt and 10 million shares of stock outstanding. What is your estimate of the current price per share? Write out your answer completely. For example, 0.00025 million should be entered as 250. Do not round intermediate calculations. Round your answer to the nearest cent. $

Dantzler Corporation is a fast-growing supplier of office products; Analysts profect the following free cash flows (FOFs) during the next 3 years, after which is expected to grow at a constant 4% rate. Dantzler's wacc is 14%. Vear FCF (S millions) a. What is Dantzier's hicrizon, or continuing, value? (Hint: Find the value of all free cash nows beyond Year 3 discounted back to Year 3 .) Enter your answer in malions. For example, an answer of $13,550,000 should be entered as 13,55, Do not round intermediate calculations. Round your answer to two decimal places. s. milion b. What is the firm's market value today? Assume that Dantzier has zero nonoperating assets. Enter your answer in mulions. For example, an answer of $13.550.000 shauld be entered as 13.55 , Do not round intermediate calculations. Round your answer to two decimal places. million c. Suppose Dantzier has $45.80 milion of debt and 10 malion shares of stock outstanding. What is your estimate of the current pice per shere? Write out. your answer completely. For example, 0.00025 million should be entered as 250 . Da not round intermedate calculations. Round your answer to the neareat cent. $