investment banks believe that the proper procedure is to conduct a valuation and select several similar firms with publicly traded common stock and to make relevant comparisons.

anticipates the following free cash flows over the next $5$ years:

the nearest cent.

$(1)$ Horizon value

$(2)$ Intrinsic value of operations

$(3)$ Intrinsic value of equity

$(4)$ Intrinsic per share price

calculations. Round your answers to two decimal places.

range of prices do you get? Do not round intermediate calculations. Round your answers to the nearest cent.

The range of prices:

from $ to $

How does this compare with the price you get using the corporate valuation model?

The price obtained with the corporate valuation model is

this range of prices.