Question
Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 4 years, after which FCF
Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 4 years, after which FCF is expected to grow at a constant 7% rate. Dantzler's WACC is 13%.
What is Dantzler's horizon value? Enter your answer in millions.?
What is the firm's value today? Round your answer to two decimal places.?
Suppose Dantzler has $40 million of debt and 20 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places.?
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
