Excel Online Structured Activity: Corporate valuation Dantzler Corporation is a fast-growing supplier of the products. Analysts project the following free cash flows (FCFS) during the next 3 years, after which FCF is expected to grow at a constant 4% rate. Dantzler's WACC IS 16% Year FCF (5 $16 $19 $60 The data has been collected in the Microsoft Excel Online ble below. Open the spreadsheet and perform the required Open spreadsheet a. What is Dantzler's horizon, or continuing value? (Print: Find the value of all free cash flows beyond Year 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 milions. 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 $102 million of debt and 6 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decmal places. Write out your answer completely. For example, 0.00025 million should be entered as 250 Check My Work Reset Problem 1 Corporate valuation Dollars/shares in millions FCF, FCF 6 FCF Constant growth rate, WACC Market value of debt 10 Common shares outstanding $16.00 $19.00 $60.00 4.00% 16.00% $102.00 -$16.00 $19.00 $80.00 13 FCFS 14 Horizon value 15 Total FCFS 17 PV of FCFs to investors 19 Firm value today RS Market value of equity, MV Egy 22 Price per share, Po Formulas $16.00 $19.00 $60.00 INA 26 FCFS 27 Horizon value 28 Total FCFs WNIA WNA INA NA UNA NA 30 PV of FCFs to investors Total FCF PV of FCFs to investors Firm value today Market value of equity, MV Equity Price per share, Po Formulas $16.00 $19.00 TAMAN N/A FCFS Horizon value Total FCFs $60.00 #N/A #N/A #NA #N/A PV of FCFs to investors #NA #N/A #N/A Firm value today #N/A Market value of equity, MV Equity Price per share, Po #N/A #N/A