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Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Actual Projected 2021 2022 2023 2024

Horizon Value of Free Cash Flows

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

Actual Projected
2021 2022 2023 2024
Free cash flow $613.020 $673.700 $713.747 $756.200
(millions of dollars)

Growth is expected to be constant after 2023, and the weighted average cost of capital is 10%. What is the horizon (continuing) value at 2024 if growth from 2023 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

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