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Dantzler Corporation is a fast-growing suppller 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 suppller 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%. Vear FCF (S millions) a. What is Dantzler's horizon, or continuing, value? (hint: Find the value of all free cash flows beyond Year 3 discounted bock 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. 5. million b. What is the fim's market value today? Assume that Dantzler has zero nonoperating gssets. Enter your answer in millions. For example, an answer of $13,550.000 should be entered as 13.55. Do not round intermediate calculations. AL und your answer to two decimal places. 3 milifon c. Suppose Dantzier has $153.70 milion of debt and 14 million shares of stock outstanding. What is your estimate of the current price per share? Write out your answer completelyi for example, 0.00025 million should be entered as 250 . Do not round intermediate calculations. Round your answer to the nearest cent. 5

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