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 8% rate. Dantzler's WACC is 15%. Year FCF ($ millions) $11 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. X 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. 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 $132 million of debt and 15 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. Excel Home template . Saved Insert Formulas Data Review View H elp Tell me what you want to do A out Paste Copy 2 Wrap Text BTURA Currency S. % 99# Autose Format Painter art D e Format Forming Clear 3 4 5 Doorshares in milions FCF, FCF FCF $21.00 $11.00 $47.00 8.00% 15.00% $132.00 9 10 WACC Market value of debt Common shares outstanding 13 FCF 14 Horizon value 15 Total FCFS -$21.00 17 PV of FCFs to investors 19 Firm value today 21 Market value of equity, MV 22 Price per share, Po Formulas 26 FCFS 27 Horizon value 28 Total FCFS -S2100 30PY of Fritinu