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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 years, after which FCF

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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 years, after which FCF is expected to grow at a constant 6% rate. Dantzler's WACC IS 13%. Year 0 1 2 3 FCF (5 millions) - $11 $35 $53 a. What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all tree 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. $ million b. What is the firm's market value today? Assume that Dantzler has zero Mon-operating assets. Enter your answer in milions. 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 $175 million of debt and 29 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 250. Do not round Intermediate calculations. Round your answer to the nearest cent

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