And bullet point list key the key drivers and risks your implied valuationii

Sections 1 and 2 - Thursday April 23rd – 9:45 am
Section 3 – Wednesday, April 22nd – 9:45 am

Deliverables:

1

Your PowerPoint valuation presentation should include the following:

II. A summarized presentation of your valuation models/methods including implied share prices and ranges:

a.Intrinsic Valuation - Multi-stage growth discounted cash flow model

Resources:

You may use any publically available information source to perform your analysis, including:

Please note that you may not use equity research analyst price targets as a rationale for your

valuation but you may use information contained in the report(s) to justify your own valuation conclusions.

3