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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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