Module 4 Homework Assignment: Module 4 Homework Assignment Score: 73.33% Save Submit Assignment for Grading Questions Problem 9.15 (Corporate Valuation) Question 18 of 20 A-Z 16 Check My Work (3 remaining) 17. LB eBook Problem Walk Through 19 o Dantzler Corporation is a fast growing supplier of office products Analysts project the following free cash flows (FCFS) during the next 3 years, after which FCF is expected to grow at a constant 6% rate. Dantzler's WACO is 15%. 20. Year 0 1 2 3 NI FCF (S millions) $18 $18 $60 a. What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round intermediate calculations. Round your answer to two decimal places. $ million n b. What is the firm's market value today? Assume that Dantzler has zero non-operating assets. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round intermediate calculations. Round your answer to two decimal places. s million c. Suppose Dantzler has $179.80 million of debt and 17 million shares of stock outstanding. What is your estimate of the current price per share? Write out your answer completely. For example, 0.00025 million should be entered as 250. Do not round intermediate calculations. Round your answer to the nearest cent. $ Check My Work (3 remaining) 0 Icon 1:48 PM 11/8/2020 D