Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please can you do the only excel spreadsheet, underline those numbers and formulas. Excel Online Structured Activity: Corporate valuation Dantzler Corporation is a fast-growing supplier

please can you do the only excel spreadsheet, underline those numbers and formulas.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Excel Online Structured Activity: Corporate valuation 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 7% rate. Dantzler's WACC is 14%. Year iiii FCF (S millions) - $23 $28 $36 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. X Open spreadsheet 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.) Round your answer to two decimal plas Search tivity: Corporate valuation Open spreadsheet 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.) Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. $ 550.29 million b. What is the firm's value today? Round your answer to two decimal places. Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do not round your intermediate calculations, $ 397.10 million c. Suppose Dantzler has $144 million of debtrand 12 million shares of stock outstanding. What is your estimate of the current price per share? Round your answer to two decimal places. Write out your answer completely. For example, 0.00025 million should be entered as 250. $ 21.09 File Home Insert Formulas Data Review View Help Tell me what you want to do Arial 10 B I Currency $ % Paste UD ' ab 3 A Conditional Format Cell Formatting as Table Styles Undo Clipboard Font Alignment Number Tables G13 fx B C D E F Corporate valuation 2 3 Dollars/shares in millions 4 FCF 5 FCF2 6 FCF 7 Constant growth raten 8 WACC 9 Market value of debt 10 Common shares outstanding 11 12 -$23.00 $28.00 $36.00 7.00% 14.00% $144.00 12 0 N 3 Sheet1 0 $23.00 2 $28.00 3 $36.00 12 13 FCFs 14 Horizon value 15 Total FCFs 16 17 PV of FCFs to investors 18 19 Firm value today 20 21 Market value of equity, MVE 22 Price per share, P Sheet1 Calculation Mode: Automatic Workbook Statistics Undo Clipboard Font Alignment Number Tables Colls G13 B C D G 0 1 -$23.00 2 $28.00 22 Price per share, Po 23 24 Formulas 25 26 FCFs 27 Horizon value 28 Total FCFs 29 30 PV of FCFs to investors 31 32 Firm value today 33 3 $36.00 #N/A #N/A N/A WNA #NA #N/A #N/A #N/A WNA Sheet1 Calculation Mode: Automatic Workbook Statistics Volurs LU VESLUIS TIIM #N/A 30 31 32 Firm value today 33 34. Market value of equity, MV Equity 35 Price per share, Po 36 37 38 39 40 41 #N/A #N/A

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Building Financial Models

Authors: John Tjia

2nd Edition

0071608893, 978-0071608893

More Books

Students also viewed these Finance questions

Question

How has the composition of deposits changed in recent years?

Answered: 1 week ago