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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 7% rate. Dantzler's WACC is 15%.

Year	0		1		2		3
	.......	.......	.......	.......	.......	.......	.......	.......
	.......	.......	.......	.......	.......	.......	.......	......
FCF ($ millions)			- $8		$27		$39

1. What is Dantzler's horizon, or continuing, value? (Hint: Find the value of all 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 not round intermediate calculations. Round your answer to two decimal places. $ million
2. What is the firm's market value today? Assume that Dantzler has zero non-operating 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 places. $ million
3. Suppose Dantzler has $33.70 million of debt and 25 million shares of stock outstanding. What 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 intermediate calculations. Round your answer to the nearest cent. $

Dander Corporation is a fast growing supplier of office products Analysts project the following free cash flow (FOR) during the most r ich FCF is expected t o a const a nt a a. What is Dante's horizon, or continuing value? Hint Find the value of all free cash flows beyond Year Do not found intermediate calculations. Round your answer to two decimal places. discounted back to Year 3) Enter your answer millions. For example, we of 112.550.000 hod be entered 1255 b. What is the firm's market value today? Assume that Daniler has zero non-operating assets. Enter your answer in milions. For example, as Round your answer to two decimal places. million we of $13.550.000 should be entered as 13.55. Do not round intermediate calculations c. Suppose Dantzler has $33.70 million of debt and 25 million shares of stock outstanding. What is your estimate of the current price per share wit out your answer completely. For example0.00035 milion should be entered as 250. Do not round intermediate calculations. Round your answer to the nearest cent

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