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Problem#3 Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2012, and the weighted

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Problem#3 Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2012, and the weighted average cost of capital is 11%. What is the horizon (continuing) value at 2012? Actual Projected 2010 2011 2012 2013 Free cash flow (millions of dollars) $606.82 $667.50 $707.55 $750.00

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