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Answer the below 4 questions based on the information given above [10 marks] a) Given Varun's concerns, the most appropriate definition of value for

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Answer the below 4 questions based on the information given above [10 marks] a) Given Varun's concerns, the most appropriate definition of value for Arohan is intrinsic value or investment value or fair market value and why? b) The least likely factor among i) access to public debt markets, ii) agency problems and iii) size of the company; that would be a source of differences in valuing Arohan compared with valuing a publicly traded company is which one and why? c) The free cash flow to the firm is closest to? Estimate the value. d) The indicated value of Arohan's equity using the build-up method and the capitalized cash flow method (CCM) based on free cash flow to equity is closest to? Estimate the value.

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