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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. Actual Projected 2018 2016

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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. Actual Projected 2018 2016 2017 2019 Free cash flow $606.82 $667.50 $707.55 $750.00 (millions of dollars) Growth is expected to be constant after 2018, and the weighted average cost of capital is 10.1%. What is the horizon (continuing) 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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