1) Here is the information for Kirkland (KIRK) what is the price per share? Calculation of WACC: Capital Asset Pricing Model (CAPM) theory 1.22 Company Beta: Nominal Risk Free Rate: Expected S&P 500 Retur: Formula for Cost of Equity: 2.5% Yield on Current 10-year Treasury Note 11.8% Nominal estimate for current year annual return RFR + Beta MKT - RFR) Value (Cost of Equity): Cost of Preferred: Cost of Debt: After-tax Cost of Debt: 13,81% 0.00% 0.00% 0.00% Weighted Average Cost of Ca @ 13.81% Periodo 2017E S 2022E TERMINAL VALUE 2018E 2019 2020 2021 Terminal Vale Growth Rate Assumption: 4.07% $ FREE CASH FLOW 17 $ Interim Perod Growth Ratel 13 14 13 4.07% 14 15 & 167 Present Value of Cash Flows: Sum of Present Values: Wtd. Ave. Shares Outstanding Implied Value of the Firm Debt per Share__ $ - Value of Equity per Share 1) Here is the information for Kirkland (KIRK) what is the price per share? Calculation of WACC: Capital Asset Pricing Model (CAPM) theory 1.22 Company Beta: Nominal Risk Free Rate: Expected S&P 500 Retur: Formula for Cost of Equity: 2.5% Yield on Current 10-year Treasury Note 11.8% Nominal estimate for current year annual return RFR + Beta MKT - RFR) Value (Cost of Equity): Cost of Preferred: Cost of Debt: After-tax Cost of Debt: 13,81% 0.00% 0.00% 0.00% Weighted Average Cost of Ca @ 13.81% Periodo 2017E S 2022E TERMINAL VALUE 2018E 2019 2020 2021 Terminal Vale Growth Rate Assumption: 4.07% $ FREE CASH FLOW 17 $ Interim Perod Growth Ratel 13 14 13 4.07% 14 15 & 167 Present Value of Cash Flows: Sum of Present Values: Wtd. Ave. Shares Outstanding Implied Value of the Firm Debt per Share__ $ - Value of Equity per Share