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Meru (a) Estimate the value of a share of Best Buy common stock using the residual operating income (ROPI) model as of February 26, 2011.

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Meru (a) Estimate the value of a share of Best Buy common stock using the residual operating income (ROPI) model as of February 26, 2011. Rounding number unless noted otherwise. Use your rounded answers for subsequent calculations Horizon Period (In millions) 2011 2012 2013 2014 2015 T ROPI (NOPAT-INOABeg x rw Discount factor 11+rwjt Present value of horizon ROP (round 5 Cum present value of horizon ROI Present value of terminal ROPI NOA Total firm value Less NNO Less NCI Firm equity value 0 Shares outstanding (milions) round one decimal place) round owo decima places Scock price per share (o) Assume Best Buy (BBY) stock closed at $43.47 on April 1. 2011. How does vour valuation estimare compare with this clcios oe Meru (a) Estimate the value of a share of Best Buy common stock using the residual operating income (ROPI) model as of February 26, 2011. Rounding number unless noted otherwise. Use your rounded answers for subsequent calculations Horizon Period (In millions) 2011 2012 2013 2014 2015 T ROPI (NOPAT-INOABeg x rw Discount factor 11+rwjt Present value of horizon ROP (round 5 Cum present value of horizon ROI Present value of terminal ROPI NOA Total firm value Less NNO Less NCI Firm equity value 0 Shares outstanding (milions) round one decimal place) round owo decima places Scock price per share (o) Assume Best Buy (BBY) stock closed at $43.47 on April 1. 2011. How does vour valuation estimare compare with this clcios oe

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