Company: Coles Supermarket and Woolworths'

Computations with solutions are needed.

Subject: Financial Analysis

$1.$ Capital Structure and Payout Policy Analysis

$-$ Discuss type and amount of the financial securities this firm issued for financing $($e$.$g$.$common shares, preference shares, corporate bond, bank loan, etc.$)$

$-$ Discuss amount and form of the pay out this company made $($e$.$g$.$ cash dividend and share repurchase$).$

$-$ Comment on the appropriateness of the company's capital structure and payout policies.

$2.$ Equity Valuation

$-$ Perform equity valuation using Discounted Cash Flow Model

$-$ Perform equity valuation using Abnormal Earnings Model

$-$ Perform equity valuation using Price Multiple Model

$-$ Perform sensitivity tests and comment on the robustness of your valuations

$-$ Compare your valuation with the current market share price and

make recommendation