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 ($ millions) $13 $21 $41 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 $ million What is the firm's market value today Assume that Dantzler has zero non operating 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 Suppose Dantzler has $180 80 million of debt and 23 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 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 ($ millions) $13 $21 $41 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 $ million b What is the firm's market value today Assume that Dantzler has zero non operating 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 $180 80 million of debt and 23 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 $

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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

image text in transcribed 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 ($ millions)			- $13		$21		$41

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. $ million
What is the firm's market value today? Assume that Dantzler has zero non-operating 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
Suppose Dantzler has $180.80 million of debt and 23 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 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 ($ millions) - $13 $21 $41 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. $ million b. What is the firm's market value today? Assume that Dantzler has zero non-operating 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 $180.80 million of debt and 23 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. $