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Horizon Value Current and projected free cash flows for Radell Global Operations are shown below. Actual 2013 2014 Projected 2015 2016 Free cash flow $614.64

Horizon Value

Current and projected free cash flows for Radell Global Operations are shown below.

Actual 2013 2014 Projected 2015 2016
Free cash flow $614.64 $675.32 $715.37 $758.29
(millions of dollars)

Growth is expected to be constant after 2015, and the weighted average cost of capital is 10.8%. What is the horizon (continuing) value at 2016 if growth from 2015 remains constant

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