Current and projected free cash flows for Radell Global Operations are shown below. ...
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Accounting
Current and projected free cash flows for Radell Global Operations are shown below.
| Actual | Projected | |||
| 2021 | 2022 | 2023 | 2024 | |
| Free cash flow | $610.180 | $670.860 | $710.907 | $753.360 |
| (millions of dollars) | ||||
Growth is expected to be constant after 2023, and the weighted average cost of capital is 12%. What is the horizon (continuing) value at 2024 if growth from 2023 remains constant? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.
$ million
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