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Please help Excel Online Structured Activity: Corporate valuation Dantzler Corporation is a fast - growing supplier of office products. Analysts project the following free cash

Please help 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 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 8% rate.
Dantzler's WACC is 12%.
Year
FCF
millions)
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.
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.
$ 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.
$ million
c. Suppose Dantzler has $131 million of debt and 22 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.
(6
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