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13 help Dantzler Corporation is a fast-growing supplier of office products....

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Accounting

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Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCF5) during the next 3 years, after whic FCF is expected to grow at a constant 8% rate, Dantzler's WACC is 11%. Vear. 0. What is Dantzier's horizon, or continuing, value? (Hint: Find the value of ali free cash flows beyond Year 3 discounted back to Year 3. ) Enter your answer in millions. For example, an answer of $13,550,000 should be entered as 13.55. Do hot round intermediate calculations, Round your answer to two decimal places. $ million b. What is the firm's market value today? Assume that Dantzler has zero nonoperating assets. Enter your answer in millions. For example, an answer of $13.550,000 should be entered as 13.55. Do not round intermediate calculations. Round your answer to two decimal piaces. 5 million c. Suppose Dantzler has $198.10 milion of debt and 11 million shares of stock outstanding. Whot is your estimate of the current price per share? Write out your answer completely. For example, 0.00025 million should be entered as 250 . Do not round intermeciate calculations. Round your answer to the nearest cent. 5

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