You should assume that you have been employed as a junior equity analyst in a major stockbroker. In this capacity you are required to undertake research on a publicly‐listed company and, using this research, to provide background information on and a range of valuation estimates for this company. Your analysis is then to be presented as a four‐page (A4) company valuation report (with an ‘Appendix’ in the form of an Excel spreadsheet of your valuation calculations also being submitted).
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