Use the information on the APV worksheet in valuation_assignment.xlsx file on canvas to compute Reynolds Music Co.s share price using the APV method. Round your final answer to two decimals.

APV Method Gray cells are given by assumption Green you need to figure out Reynolds Music Co. Key statistics FCF Growth rate after year 3 3% BE 1.57 D/E 0.30 0.06 te 21% Book value of Debt 72.00 Cash holdings 46.00 Shares outstanding 77.00 Interest rates re 3% E[rm] 10% Compute Reynolds' ra Reynolds' BA ra