eBook Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. acutal projected 2021 $606.660 2022 $667.340 2023 $707.387 2024 $749.840(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

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 7P: Current and projected free cash flows for Radell Global Operations are shown here. Growth is...
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Horizon Value of Free Cash Flows
Current and projected free cash flows for Radell Global Operations are shown below.
acutal projected
2021 $606.660
2022 $667.340
2023 $707.387
2024 $749.840(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
Transcribed Image Text:eBook Horizon Value of Free Cash Flows Current and projected free cash flows for Radell Global Operations are shown below. acutal projected 2021 $606.660 2022 $667.340 2023 $707.387 2024 $749.840(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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