1. What was the managerial decision/problem?

2. Why it may be inappropriate to use a constant-growth model to forecast Terminal Value in the case of Rosetta?

3. What will happen to the terminal Value of you do use the constant growth model? What will happen to the forecasted share price?

4. What is the solution to use instead of the constant-growth model?

5. Is this solution unique and only possible? Why or why not?