What is the horizon value at given year

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Qusetion: Current and projected free cash flow for Radell Global Operations are shown below. Growth is expected to be constant after 2015, and the weighted average cost of capital is 11%. What is the horizon (continuing) value at 2016 if growth from 2015 remains constant?

Actual 2013 2014 Projected 2015 2016
$606.82 $667.50 $707.55 $750.00

Reference no: EM131797983

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