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 8% rate. Dantzler's WACC is 11%. Year FCF ( $ millions) The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below: Open spreadsheet 3. What is Oantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55 . $ million b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations. $ million C. Suppose Dantzler hes $115 million of debt and 34 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places, Write out your answer completely. For example, 0.00025 million should be entered as 250 . $ Corporate valuation \begin{tabular}{|c|c|} \hline Dotrarsthares in mittions & \\ \hline FCF, & $17.00 \\ \hline FCF2 & $35.00 \\ \hline FCF3 & $53.00 \\ \hline \begin{tabular}{l} Constant growth rate, gn \\ WACC \end{tabular} & \begin{tabular}{r} 8.00% \\ 11.00% \end{tabular} \\ \hline Market value of dobr & $115.00 \\ \hline Common shares outstanding & 34 \\ \hline \end{tabular} FFFs Horizon value Total FCFs PV of FCFs to investors Firm value todsy Market value of equily, MV Equir Price per share, P0 \begin{tabular}{|c|c|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{6}{|c|}{ Formulas }} \\ \hline & 0 & 1 & 2 & 3 & \\ \hline FCFS & & $1700 & $35.00 & $53.00 & enNIA4 \\ \hline Horizon value & & & & 5N/A & \\ \hline Total FCFs & & GiN/A & YWN/A: & SIN/A & \\ \hline & & & & & \\ \hline PV of FCFs to investort: & & FNAA & FNA & SIN/A & \\ \hline Firm value today & FNIA & & & & \\ \hline & & & & & \\ \hline \end{tabular} \begin{tabular}{ll|l|l|} \hline517.001 & 3 & 4 \\ \hline & $35.00 & $53.00 & \\ \hline & & & \\ \hline \end{tabular}