Based on the financials of $2014$ and other information given, determine the adequacy

of the offered price and stock exchange ratio for Samsung C&T$\text{'}$s shareholders $($i$.$e$.,$

$1$:$0\mathrm{.}35).$ Provide specific reasons for your answer.

You may want to refer to the workbook $($valuation tab$)$ by filling in the assumption

cells, shaded yellow, when you determine the adequacy.