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Joann, Inc. FCF1 = 23.50, FCF2 = 24.50, FCF3 = 25.00 From FCF3 onwards, FCF grows at a 6.0% constant rate. WACC = 15.0% L.T.

Joann, Inc.

FCF1 = 23.50, FCF2 = 24.50, FCF3 = 25.00

From FCF3 onwards, FCF grows at a 6.0% constant rate.

WACC = 15.0%

L.T. Debt Outstanding: $49

# of Common Stock outstanding: 80

What is the price of stock Joann?

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