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create an alternative pro forma markeStarting from the market value balance sheet you constructed in Question 2, create an alternative pro forma market value balance

create an alternative "pro forma" markeStarting from the market value balance sheet you constructed in Question 2, create an alternative "pro forma" market value balance sheet assuming that Apple goes ahead with the issuance of $50 billion of iPrefs. Will the issuance of iPrefs "unlock" value as proposed by Einhorn? If so, where will the added value be reflected on your pro forma market value balance sheet? Construct the pro forma market value balance sheet based on David Einhorn's argument.t value balance sheet assuming that Apple goes ahead with the issuance of $50 billion of iPrefs. Will the issuance of iPrefs "unlock" value as proposed by Einhorn?

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