Horizon or Continuing Value

Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2007. The weighted average cost of capital is 11%. What is the horizon or continuing value of 2007?

FCF ( in millions of Dollars)
Projected

Actual
2005 2006 2007 2008
$606.82 $667.50 $707.55 $750.00