The forecast for the free cash flows for Jimi's Vinyl Records for 2023 are provided below....

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The forecast for the free cash flows for Jimi's Vinyl Records for 2023 are provided below. Assume that free cash flow is paid at the end of each year and we are at the beginning of year 2023. Because vinyl records are a niche market, Jimi forecasts his cash flow to remain constant at 2023's year-end level in perpetuity. Jimi Vinyl's WACC is 8.39%. Jimi's Vinyl Records Selected Financial Information 2022 2023 OCF 65535 73450 Net Working Capital 16480 23480 CAPEX 12000 24500 Debt 125000 125000 Shares Outstanding 20696 20696 Use this information to find Jimi's Vinyl Records share price as of the beginning of year 2023. Make your answer accurate to cents. That is, if your answer is 9.252, write 9.25. Also, do not include symbols (%, $) in your answer. The forecast for the free cash flows for Jimi's Vinyl Records for 2023 are provided below. Assume that free cash flow is paid at the end of each year and we are at the beginning of year 2023. Because vinyl records are a niche market, Jimi forecasts his cash flow to remain constant at 2023's year-end level in perpetuity. Jimi Vinyl's WACC is 8.39%. Jimi's Vinyl Records Selected Financial Information 2022 2023 OCF 65535 73450 Net Working Capital 16480 23480 CAPEX 12000 24500 Debt 125000 125000 Shares Outstanding 20696 20696 Use this information to find Jimi's Vinyl Records share price as of the beginning of year 2023. Make your answer accurate to cents. That is, if your answer is 9.252, write 9.25. Also, do not include symbols (%, $) in your answer.

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