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Question 4 (20 Points) Dantzler Corporation is a fast-growing supplier of office products Analysts project the following free cash flows (FCF) during the next 3

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Question 4 (20 Points) Dantzler Corporation is a fast-growing supplier of office products Analysts project the following free cash flows (FCF) during the next 3 years, after which FCF is expected to grow at a constant 55% rate. Dantzler's WACC is 12% Year 1 2 3 FCF (5 in Millions) -45 520 550 a. What is Dantzler's horizon, or continuing value? -S(118.5) b. What is the firm's market value today? Assume that Dantzler has zero nonoperati assets. c. Suppose Dantzler has $115.00 million of debt and 24 million shares of outstanding. What is your estimate of the current price per share? 24 115.00

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