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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 years, after which FCF

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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 years, after which FCF is expected to grow at a constant 7% rate. Dozier's weighted average cost of capital is WACC = 16%. a. What is Dozier's horizon value? $ million b. What is the current value of operations for Dozier? Do not round intermediate calculations. $ million c. Suppose Dozier has $10 million in marketable securities, $100 million in debt, and 10 million shares of stock, what is the intrinsic price per share? Do not round intermediate calculations. Round your answer to the nearest cent. $

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