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Problem 7-07 Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Free cash flow.

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Problem 7-07 Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Free cash flow. (millions of dollars) Actual 2016 $606.82 2017 $667.50 Projected 2018 $707.55 2019 $750.00 Growth is expected to be constant after 2018, and the weighted average cost of capital is 11.5%. What is the horizon (ontinuing) value at 2019 if growth from 2018 remains constant? Round your answer to the nearest dollar. Do not round intermediate calculations.

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