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Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Actual 2018 $613.52 2019 Projected 2020
Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Actual 2018 $613.52 2019 Projected 2020 $714.25 2021 $674.20 $757.11 Free cash flow (millions of dollars) Growth is expected to be constant after 2020, and the weighted average cost of capital is 11.2%. What is the horizon (continuing) value at 2021 if growth from 2020 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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