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Excel Online Structured Activity: Corporate valuation A-Z Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFS) during

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Excel Online Structured Activity: Corporate valuation A-Z Dantzler 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 6% rate. Dantzler's WACC is 12%. 2 Year FCF (S millions) $25 527 $58 Full Book The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below N Open spreadsheet a. What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55 1 Open spreadsheet a. What is Dantzler's horizon, or continuino, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. $ million b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations $ million c Suppose Dantzler has $146 million of debt and 9 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250 $ Check My Work Resel Problem 3 F 52500 $2700 35800 11 12 1) FCF 14 Horn 15 Total FCFS 16 17 PV of FCFs to investors 18 19 Fim vou today 20 3 Market value of equity MV 22 Price pershan, P Formulas -$25.00 $2700 ENA 558.00 NA SNA NA STA SNA SNA UNA 26 FCES 27 Horizont value 28 Total FCF 20 30 PV of FCFs to investors 31 32 Firm value today 33 34 Market value of equity MV 35 Price per share. Po SNA NA Sheet1

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