01 Q2 Q3 Q4 Q5 Q6 Q7 You should choose any 5 companies from sheet "Data" and answer the following questions: What is the expected dividend in Year 5 for your companies, taking into account the growth of the dividende What is the rate of return if companies pay dividends at zero growth rate? What are the dividend yield for your 5 companies? What are the capital gains yield for your 5 companies? What are the required returns on your stocks based on the dividend growth model? What will be the share prices of the selected companies in 3 years, taking into account the dividend growth Compare selected companies, indicate the best investment options and explain your choice. Table 1 Company Company Company Company Company 5 Replace Company 1. Company 2. Company Q1 Q2 Q3 Q4 Q5 Q6 Q7 Notes: You should provide answers to 6 questions in Table 1. Write your answer to question 7 in the specified line Q7. 9.60 chkp ctas CSCO ctxs ctsh cmcsa cort cost CSX dxcm docu ditr ebay ea exc expe fb fast fisv fox foxa gild Check Point Software Technologies Ltd. Ordina 17,337,143,377 $ Cintas Corporation Common Stock 33,222, 147,862 $ Cisco Systems, Inc. Common Stock 177,716,447,142 $ Citrix Systems, Inc. Common Stock 17,057,296,903 $ Cognizant Technology Solutions Corporation CI 36,622,939,715 $ Comcast Corporation Class A Common Stock 198,849,419,727 $ Copart, Inc. (DE) Common Stock 23,750,094,530 $ Costco Wholesale Corporation Common Stock 150, 100,400,792 $ CSX Corporation Common Stock 57,371,290,650 $ DexCom, Inc. Common Stock 42,214,653,910 $ DocuSign, Inc. Common Stock 38, 114,789,184 $ Dollar Tree Inc. Common Stock 23,929,631,583 $ eBay Inc. Common Stock 40,138,182,003 $ Electronic Arts Inc. Common Stock 40,561,512,667 $ Exelon Corporation Common Stock 36,387,975,439 $ Expedia Group, Inc. Common Stock 12,385,582,204 $ Facebook, Inc. Class A Common Stock 743,996,739,029 $ Fastenal Company Common Stock 27,671,734,014 $ Fiserv, Inc. Common Stock 68,424,832,198 $ Fox Corporation Class B Common Stock 15,548,310,337 $ Fox Corporation Class A Common Stock 15,457,596,741 $ Gilead Sciences, Inc. Common Stock 86,695,040,186 $ IDEXX Laboratories, Inc. Common Stock 32,694,167,292 $ Illumina, Inc. Common Stock 51,702,980,000 $ Incyte Corp. Common Stock 21,318,786,806 $ Intel Corporation Common Stock 208,099,290,000 $ Intuit Inc. Common Stock 80,320,180,433 $ Intuitive Surgical, Inc. Common Stock 81,215,960,720 $ JD.com, Inc. American Depositary Shares 104,163,381,287 $ KLA Corporation Common Stock 33,677,612,614 $ 123.66 320.99 42.21 138.12 67.54 43.53 100.99 343.35 74.99 440.92 210.50 101.11 57.72 140.45 37.34 87.60 262.00 48.69 102.18 25.71 25.56 69.41 384.39 354.13 97.48 49.08 308.01 694.00 68.42 216.63 0.2% $ 1.4% $ 0.1% $ 2.0% $ 0.9% $ 0.9% $ 0.2% $ 3.4% $ 1.0% $ 3.7% $ 2.8%) $ 0.2% $ 0.4% $ 1.6% $ 1.6% $ 0.1% $ 0.8% $ 0.5% $ 2.4% $ 0.4% $ 0.7% $ 0.3% $ 1.3% $ 1.9% $ 2.8% $ 0.2% $ 0.8% $ 0.8% $ 1.4% $ 2.4% $ 30.23 3.50 11.09 6.01 4.09 7.91 30.86 6.74 51.03 19.64 8.33 4.99 11.61 2.40 6.91 21.80 4.35 10.58 1.95 1.86 5.81 35.74 34.90 10.41 4.08 27.11 57.99 6.91 22.45 idxx ilmn incy intc intu isrg id klac Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 01 Q2 Q3 Q4 Q5 Q6 Q7 You should choose any 5 companies from sheet "Data" and answer the following questions: What is the expected dividend in Year 5 for your companies, taking into account the growth of the dividende What is the rate of return if companies pay dividends at zero growth rate? What are the dividend yield for your 5 companies? What are the capital gains yield for your 5 companies? What are the required returns on your stocks based on the dividend growth model? What will be the share prices of the selected companies in 3 years, taking into account the dividend growth Compare selected companies, indicate the best investment options and explain your choice. Table 1 Company Company Company Company Company 5 Replace Company 1. Company 2. Company Q1 Q2 Q3 Q4 Q5 Q6 Q7 Notes: You should provide answers to 6 questions in Table 1. Write your answer to question 7 in the specified line Q7. 9.60 chkp ctas CSCO ctxs ctsh cmcsa cort cost CSX dxcm docu ditr ebay ea exc expe fb fast fisv fox foxa gild Check Point Software Technologies Ltd. Ordina 17,337,143,377 $ Cintas Corporation Common Stock 33,222, 147,862 $ Cisco Systems, Inc. Common Stock 177,716,447,142 $ Citrix Systems, Inc. Common Stock 17,057,296,903 $ Cognizant Technology Solutions Corporation CI 36,622,939,715 $ Comcast Corporation Class A Common Stock 198,849,419,727 $ Copart, Inc. (DE) Common Stock 23,750,094,530 $ Costco Wholesale Corporation Common Stock 150, 100,400,792 $ CSX Corporation Common Stock 57,371,290,650 $ DexCom, Inc. Common Stock 42,214,653,910 $ DocuSign, Inc. Common Stock 38, 114,789,184 $ Dollar Tree Inc. Common Stock 23,929,631,583 $ eBay Inc. Common Stock 40,138,182,003 $ Electronic Arts Inc. Common Stock 40,561,512,667 $ Exelon Corporation Common Stock 36,387,975,439 $ Expedia Group, Inc. Common Stock 12,385,582,204 $ Facebook, Inc. Class A Common Stock 743,996,739,029 $ Fastenal Company Common Stock 27,671,734,014 $ Fiserv, Inc. Common Stock 68,424,832,198 $ Fox Corporation Class B Common Stock 15,548,310,337 $ Fox Corporation Class A Common Stock 15,457,596,741 $ Gilead Sciences, Inc. Common Stock 86,695,040,186 $ IDEXX Laboratories, Inc. Common Stock 32,694,167,292 $ Illumina, Inc. Common Stock 51,702,980,000 $ Incyte Corp. Common Stock 21,318,786,806 $ Intel Corporation Common Stock 208,099,290,000 $ Intuit Inc. Common Stock 80,320,180,433 $ Intuitive Surgical, Inc. Common Stock 81,215,960,720 $ JD.com, Inc. American Depositary Shares 104,163,381,287 $ KLA Corporation Common Stock 33,677,612,614 $ 123.66 320.99 42.21 138.12 67.54 43.53 100.99 343.35 74.99 440.92 210.50 101.11 57.72 140.45 37.34 87.60 262.00 48.69 102.18 25.71 25.56 69.41 384.39 354.13 97.48 49.08 308.01 694.00 68.42 216.63 0.2% $ 1.4% $ 0.1% $ 2.0% $ 0.9% $ 0.9% $ 0.2% $ 3.4% $ 1.0% $ 3.7% $ 2.8%) $ 0.2% $ 0.4% $ 1.6% $ 1.6% $ 0.1% $ 0.8% $ 0.5% $ 2.4% $ 0.4% $ 0.7% $ 0.3% $ 1.3% $ 1.9% $ 2.8% $ 0.2% $ 0.8% $ 0.8% $ 1.4% $ 2.4% $ 30.23 3.50 11.09 6.01 4.09 7.91 30.86 6.74 51.03 19.64 8.33 4.99 11.61 2.40 6.91 21.80 4.35 10.58 1.95 1.86 5.81 35.74 34.90 10.41 4.08 27.11 57.99 6.91 22.45 idxx ilmn incy intc intu isrg id klac Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26 Ircx Ibtya Ibtyk lulu mar mxim meli mchp mu msft mrna mdlz mnst ntap ntes nflx nvda nxpi orly pcar payx pypl pe qcom regn rost sgen siri swks splk Lam Research Corporation Common Stock 55,092,075,480 $ Liberty Global plc Class A Ordinary Shares 12,893,965,013 $ Liberty Global plc Class C Ordinary Shares 12,531,841,686 $ lululemon athletica inc. Common Stock 46,206,563,413 $ Marriott International Class A Common Stock 31,043,438,883 $ Maxim Integrated Products, Inc. Common Stoch 18,393,227,758 $ MercadoLibre, Inc. Common Stock 59,148,384,156 $ Microchip Technology Incorporated Common S 26,093,388,590 $ Micron Technology, Inc. Common Stock 50,239,350,904 $ Microsoft Corporation Common Stock 1,591, 5,059,172 $ Moderna, Inc. Common Stock 27,526,378,796 $ Mondelez International, Inc. Class A Common $80,729,683,203 $ Monster Beverage Corporation 44,011,233,335 $ NetApp, Inc. Common Stock 9,168,085,154 $ NetEase, Inc. American Depositary Shares 65,060,518,294 $ Netflix, Inc. Common Stock 212,723,798,931 $ NVIDIA Corporation Common Stock 303,490,200,000 $ NXP Semiconductors N.V. Common Stock 34,847,181,782 $ O'Reilly Automotive, Inc. Common Stock 34,770,450,210 $ PACCAR Inc. Common Stock 30,672,256, 156 $ Paychex, Inc. Common Stock 26,710,402,825 $ PayPal Holdings, Inc. Common Stock 230,307,011,461 $ PepsiCo, Inc. Common Stock 190,968,561,569 $ QUALCOMM Incorporated Common Stock 126,568,864,736 $ Regeneron Pharmaceuticals, Inc. Common Sto 66,040,950,728 $ Ross Stores, Inc. Common Stock 34,570,666,076 $ Seattle Genetics, Inc. Common Stock 28,156,133,048 $ Sirius XM Holdings Inc. Common Stock 26,020,036,775 $ Skyworks Solutions, Inc. Common Stock 24,402,301,950 $ Splunk Inc. Common Stock 30,979,446,225 $ lllllll 379.08 21.72 21.11 354.87 95.72 68.97 1,193.24 103.36 45.12 210.14 69.50 56.52 83.45 41.31 474.57 483.75 500.00 124.80 469.46 88.61 74.45 197.00 138.81 112.98 620.73 97.13 161.82 6.01 146.41 195.00 2.4% $ 2.2% $ 2.0% $ 1.7% $ 0.3% $ 0.5% $ 3.4% $ 3.2% $ 0.1% $ 0.1% $ 0.3% $ 0.7% $ 0.2% $ 0.6% $ 2.9% $ 1.4% $ 2.0% $ 1.3% $ 1.3% $ 0.4% $ 0.2% $ 0.7% $ 0.9% $ 0.8% $ 0.8% $ 3.3% $ 2.9% $ 2.0% $ 0.3% $ 1.4% $ 35.45 1.26 1.26 34.14 7.37 5.89 98.83 11.43 3.51 16.67 5.30 4.92 6.81 3.05 51.15 40.10 46.52 16.50 43.47 6.75 6.10 16.47 11.99 9.84 52.73 10.84 17.50 0.50 12.03 18.26