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No available extra info Boulevard Inc Balance Sheet Below for year 0 Assets (Millions of Dollars) Liabilities (Millions of Dollars) Cash 10 Account Payable 15

No available extra info

Boulevard Inc Balance Sheet Below for year 0

Assets

(Millions of Dollars)

Liabilities

(Millions of Dollars)

Cash

10

Account Payable

15

Short-term investments

20

Notes payable

40

Accounts receivable

80

Accruals

45

Inventories

140

Total current liabilities

100

Total current assets

250

Long-term debt

400

Net plant and equip.

550

Common stock

250

Retained earnings

50

Common equity

300

Total assets

800

Total liabilities and equity

800

Cash Flow for the next 8 years are shown below.

The companys WACC is 12%. The FCFs are expected to grow at a constant growth rate of 6% after Year 6. Total common shares outstanding is 15 million shares. (Round your answer to three decimal places)

  1. Calculate the Horizon value.

  2. Calculate the Value of Operating

  3. Calculate the Intrinsic price per share of common equity

    please show all work!

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