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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 (FCF) 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 (FCF) during the next 3 years, after which FCF is expected to grow at a constant 5% rate. Dantzler's WACC is 12%. Year 0 2 FCF ($ millions) - $25 $33 $45 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 HIHI X Qeen 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 Vear 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 $11.350.000 stand be entered as 13.55. Do not round your intermediate calculations 5 million C. Suppose Dantzler has $62 million of debt and 20 million shares of stock outstanding. What is your estimate of the current prices are Round your answer to two decimal places. Write out your answer completely. For example 0.00025 million should be entered 2250 5

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