Continuing in your role as the new VP of Portfolio Management, you've become interested in valuing the various sub-portfolios that your company offers. You begin this process by examining Funds C & D, the "Active Trend Equity" and "Active Sentiment Equity", respectively. Assuming that Funds C &D only contain equity securities, equity-like securities, and cash, the task of valuing Funds C & D, ultimately, boils down to valuing the individual security positions. Based on your reading of Chapter 18 (Equity valuation models, valuation by comparables, intrinsic value versus market price, dividend discount models, the price-earnings ratio, free cash flow valuation approaches, and the aggregate stock market), make Executive Summary discussing the various frameworks with which one values equity (and equity-like) securities. This framework will be used by your subordinates with you being primarily interested in understanding the "how" of equity securities and their valuation. You'll want to develop your classification scheme based on both broad themes (e.g. analysis types or tools) and sub-themes (e.g. the Gordon Growth Model with fixed inputs vs. the Gordon Growth Model with time-varying inputs). Additionally, your classification analysis should take into account the drivers/sources of returns, risk, and control in equity securities; all of which may affect value. Your examination should also rely heavily on briefly describing various frameworks' assumptions and if/how said assumptions could impact the fidelity of any valuation analysis (in general or in certain cases).

1. Questions at hand? 2. Information given? 3. Assumptions?