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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

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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

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