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what is the price per share? 1) Here is the information for Kirkland (KIRK) what is the price per share? Calculation of WACC Capital Asset
what is the price 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 Company Beta: Nominal Risk Free Rate: Expected S&P 500 Retum: Formula for Cost of Equity: 1.22 2.5% Yield on Current 10-year Treasury Note 11.8% Nominal estimate for current year annual return = RFR + BetaMKT - 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% Period 2017E 2018E 2019E 2020E TERMINAL VALUE 2022E Terminal Value Growth Rate Assumption: 4.07% 2021E 4.07% 14 FREE CASH FLOW $ 17$ Interim Perod Growth Ratel 1 3 1 4 13 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 Company Beta: Nominal Risk Free Rate: Expected S&P 500 Retum: Formula for Cost of Equity: 1.22 2.5% Yield on Current 10-year Treasury Note 11.8% Nominal estimate for current year annual return = RFR + BetaMKT - 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% Period 2017E 2018E 2019E 2020E TERMINAL VALUE 2022E Terminal Value Growth Rate Assumption: 4.07% 2021E 4.07% 14 FREE CASH FLOW $ 17$ Interim Perod Growth Ratel 1 3 1 4 13 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
what is the price per share?
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