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Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) (in Million dollars) during the next 4 years:

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Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) (in Million dollars) during the next 4 years: Year 1: $1,500 Year 2: $3,000 Year 3: $4,500 Year 4: $6,000 after which FCF is expected to grow at a constant 5% rate. Dantzler's WACC is 11%. Suppose Dantzler 250 million shares of stock outstanding. What is your estimate of the current price per share? $307 $320 $380 $420

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