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eBook Problem 7-07 Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Actual 2016 $601.64

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eBook Problem 7-07 Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Actual 2016 $601.64 2017 $662.32 Projected 2018 $702.37 2019 $744.82 Free cash flow (millions of dollars) Growth is expected to be constant after 2018, and the weighted average cost of capital is 11.9%. What is the horizon (continuing) value at 2019 if growth from 2018 remains constant? Round your answer to the nearest dollar. Round intermediate calculations to two decimal places. Check My Work

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