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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 =15%. Free cash flow (millions of dollars) a. What is Dozier's horizon value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3 .) Enter your answer in example, an answer of $10,550,000 should be entered as 10.55. Round your answer to two decimal places. million $10,550,000 should be entered as 10.55. Round your answer to two decimal places. million round intermediate calculations. Round your answer to the nearest cent. $ per share

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