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o Using data from 1 9 9 5 determine if Westpac Ltd and ANZ Ltd are appropriately valued o Company profiles: o Both big banks

o Using data from 1995 determine if Westpac Ltd and ANZ Ltd are
appropriately valued
o Company profiles:
o Both big banks so therefore should have the same discount rate
o To determine if ANZ and Westpac are appropriately valued:
o Determine the discount rate applied by Westpac shareholders
o Value ANZ shares using Westpac discount rateUsing data from 1995 determine if Westpac Ltd and ANZ Ltd are appropriately valued
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