Question: Consider recent financials for Ellie's Essentials LLC: Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021 , and $2,600.00 in 2022

forecasted the following free cash flows: $2,600.00 in 2021 , and $2,600.00

Consider recent financials for Ellie's Essentials LLC: Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021 , and $2,600.00 in 2022 . After that point, analysts expect free cash flows to grow at 4.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 12.00%. Estimate the firm's price per share using the discounted cash flow model. Answor format: Currency: Round to: 2 decimal places

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