Current and projected free cash flows for Radell Global Operations are shown below. Growth is expected to be constant after 2014, and the weighted average cost of capital is 12%. What is the horizon (continuing) value at 2014? Round your answer to the nearest dollar.
| Actual | Projected | ||||
| 2012 | 2013 | 2014 | 2015 | ||
| Free cash flow (millions of dollars) | $606.82 | $667.50 | $707.55 | $750.00 | |
