1)

Given the information below for HooYah! Corporation, compute the expected share price at the end of 2011 using price ratio analysis. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Year	2005	2006	2007	2008	2009	2010
Price	21.00	57.50	129.00	206.00	96.00	26.50
EPS	-5.00	-4.29	-1.70	-.55	.04	.05
CFPS	-12.00	-9.50	-2.70	-.10	.33	.20
SPS	18.00	26.50	24.60	28.10	31.60	34.95

Share Price

P/E=

P/CF=

P/S=

5)

You are going to value Lauryns Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.6, a debt-to-equity ratio of 0.4, a tax rate of 40 percent, and net income last year of $41 million. Assume a risk-free rate of 5 percent and a market risk premium of 12 percent. Included in net income was a depreciation expense of $5.1 million. In addition, Lauryn paid out $7.5 million in capital expenditures. Assume the company's FCF is expected to grow at a rate of 4 percent into perpetuity. What is the value of the firm? (Enter your answer in millions. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Firm value

$ million

8)Given the information below for StartUp.Com, compute the expected share price at the end of 2011 using price ratio analysis. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Year	2007	2008	2009	2010
Price	N/A	80.12	107.32	116.18
EPS	N/A	-7.70	-.51	-4.04
CFPS	N/A	-11.20	-9.40	-4.93
SPS	N/A	10.10	13.60	17.10

Share price $