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Dozier Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows during the next 3 years, after which FCF is

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Dozier Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows during the next 3 years, after which FCF is expected to grow at a constant 7.80% rate. Dozier's WACC is 11.80%. a. What is Dozier's horizon, or continuing, value? b. What is the firm's value today? c. Suppose Dozier ha $200 million of debt and 100 million shares of stock outstanding. What is your estimate of the current price per share? a) $839m; b) $809m; c) $6.09 a) $809m; b) $625m; c) $6.25 a) $809m; b) $625m; c) $4.25 a) $839m; b) $629m; c) $4.27

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