Horizon Value of Free Cash Flows

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

	Actual	Projected
	2019	2020	2021	2022
Free cash flow	$609.660	$670.340	$710.387	$759.480
(millions of dollars)

Growth is expected to be constant after 2021, and the weighted average cost of capital is 10.8%. What is the horizon (continuing) value at 2022 if growth from 2021 remains constant? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.

$ million