Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash...

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Finance

Dantzler Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows (FCFs) during the next 3 years, after which FCF is expected to grow at a constant 4% rate. Dantzlers WACC is 11%. Years: 0 1 2 3 FCF Year (1) -19 FCF Year (2) 25 FCF Year (3) 47 a)What is Dantzlers horizon, or continuing, value? b)What is the firms value today? c)Suppose Dantzler has $152.10 million of debt and 13 million shares of stock outstanding. What is your estimate of the current price per share?

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