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Excel Online Structured Activity: Corporate valuation Dantaler Corporabon is a fast-growing supplier of office products: Analysts project the following free cash Alows (FCFs) during the

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Excel Online Structured Activity: Corporate valuation Dantaler Corporabon is a fast-growing supplier of office products: Analysts project the following free cash Alows (FCFs) during the next 3 years, after which FCF is expected to grow at a constant 5% rate. Dantzler's WACC is 14%. Year FCE (3 millions) The data has been collected in the Microsolt Excel Online file below. Open the spreadsheet and perform the required analysas to answer the questions below. Open spreadsheet a. What is Dantzler's horizon, or continung. value? (Hinti find the value of ail free cash flows beyond Year 3 discounted back to Year 3 ,) Round your answer to two decomal places, Enter your answer in mulions, For example, an answer of $13,550,000 should be entered as 13.55 . b. What is the firm's value today? found your answer to two decimal placet. Enter your answer in millions. for example, an anmwer of s13, 5.50,6od should be Spen sereadsheet a. What is Dantzler's honzon, or continuing, value? (Hint: Find the yalue of all free cash flows beyond Year 3 discounted back to Year 3.) Aound your answer to two decimal places. Enter your answer in nullions. For example, an answer of $13,550,000 should be entered as 13.55 . 5 tilision b. What is the firm's value todsy? Round your answer to two deoimal places. Enter your answer in mullions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations. ci Suppote Dantaler has $63 millon of debt and 12 milion shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two deomal places. Write out vour answer completely, for example, 0.00025 milbon should be entered as 250. 3

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