# Free Cash Flow Valuation Dozier 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 5% rate. Dozier's weighted average cost of capital is WACC = 14%.   Year   1 2 3 Free cash flow ($millions) -$20 $30$40     What is Dozier's horizon value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places.$million What is the current value of operations for Dozier? Do not round intermediate calculations. Round your answer to two decimal places.$ million Suppose Dozier has $10 million in marketable securities,$100 million in debt, and 10 million shares of stock. What is the intrinsic price per share? Do not round intermediate calculations. Round your answer to the nearest cent.$Question Free Cash Flow Valuation Dozier 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 5% rate. Dozier's weighted average cost of capital is WACC = 14%.  Year 1 2 3 Free cash flow ($ millions) -$20$30 $40 1. What is Dozier's horizon value? (Hint: Find the value of all free cash flows beyond Year 3 discounted back to Year 3.) Round your answer to two decimal places.$ million

2. What is the current value of operations for Dozier? Do not round intermediate calculations. Round your answer to two decimal places.

$million 3. Suppose Dozier has$10 million in marketable securities, $100 million in debt, and 10 million shares of stock. What is the intrinsic price per share? Do not round intermediate calculations. Round your answer to the nearest cent.$