1. A boat marina in Everett, Washington is considering building a club house on the property to improve the experience of the boaters who moor their boats at the marina. You have been asked by the owner of the marina to estimate the NPV of this investment. What are the four most relevant questions you should ask the owner that will help you estimate the NPV of this investment opportunity?
2. According to the EBITDA multiple model, the firms Enterprise Value to EBITDA multiple times the firms forecasted EBITDA equals the firms Enterprise Value. After defining Enterprise Value, explain how an analyst would estimate the value of equity based on the firms Enterprise Value.