Question: please help Consider recent financials for Ellie's Essentials LLC: Going forward, analysts have forecasted the following free cash flows: $2,550.00 in 2021, and $2,600.00 in

Consider recent financials for Ellie's Essentials LLC: Going forward, analysts have forecasted the following free cash flows: $2,550.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 5.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 10.00%. Estimate the firm's price per share using the discounted cash flow model. Answer format: Currency: Round to: 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
