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Dozier Corporation is a fast - growing supplier of office products. Analysts project the following free cash flows ( FCFs ) during the next 3
Dozier Corporation is a fastgrowing supplier of office products. Analysts project the following free cash flows FCFs during the next years, after which FCF is expected to grow at a constant rate. Dozier's weighted average cost of capital is WACC
Year
Free cash flow millions of dollars$ $ $
What is Dozier's horizon value? Hint: Find the value of all free cash flows beyond Year discounted back to Year Enter your answer in millions. For example, an answer of $ should be entered as Round your answer to two decimal places.
$
million
What is the current value of operations for Dozier? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $ should be entered as Round your answer to two decimal places.
$
million
Suppose Dozier has $ million in marketable securities $ million in debt, and million shares of stock. What is the intrinsic price per share? Do not round intermediate calculations. Round your answer to the nearest cent.
$
per share
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