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

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Excel Online Structured Activity Corporate valuation 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 7 rate. Dantzler's WACC is 14% 2 Year 0 1 3 FCFS millions) $5 543 The data has been collected in the Microsoft Excel Online Wie below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet 2. What is Dantzler's horizon, or continuing value in Find the value of all tree cash flows beyond Your 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 5 million What is the firm's value today Round your answer to two decimal places. Enter your answer in milions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations million e Suppose Danitzer has $54 milion of debt and 35 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 $ G13 I B D E G H $5.00 $31.00 $43.00 7.00% 14.00% $54.00 35 0 $5.00 2 $3100 3 $43.00 A Corporate valuation 2 3 Dollars/shares in millions 4 FCF 5 FCF 6 FCF 7 Constant growth rate, 8 WACC 9 Market value of debt 10 Common shares outstanding 11 12 13 FCF 14 Horizon value 15 Total FCFS 16 17 PV of FCFs to investors 18 19 Firm value today 20 21 Market value of equity, Miguty 22 Price per share. Po 23 24 Formulas 25 26 FCFS 27 Horizon value 28 Total FCFS 29 30 PV of FCFs to investors 31 32 Firm value today 33 34 Market value of equity, MV uty 35 Price per share. Po 36 37 0 2 $31.00 -$5.00 UNA 3 $43.00 UNA WNA WNA WNIA WNA LINA WNA N/A UNA WNA

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