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

Actual 2016 2017 Projected 2018 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 11.2%. 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.