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The Constant Growth Model: Valuation when Expected Free Cash Row Grows at a Constant Rate Horizon value of Free Cash Flows Current and projected free
The Constant Growth Model: Valuation when Expected Free Cash Row Grows at a Constant Rate Horizon value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2017, and the weighted average cost of capital is 11.6%. What is the horizon (continuing) value at 2018 if growth from 2017 remains constant? Round your answer to the nearest dollar. Round intermediate calculations to two decimal places. Enter your answer in millions of dollars
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