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Please show work, Thanks! DCF Assignment 1. Given the information, below, for the company HyStakes, compute the DCF Valuation 2022 2023 2024 2025 2026 1

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DCF Assignment 1. Given the information, below, for the company HyStakes, compute the DCF Valuation 2022 2023 2024 2025 2026 1 2 3 4 5 EBIT 170 185 200 210 223 Tax Rate 0.35 0.35 0.35 0.35 0.35 Tax Adjusted EBIT 110.5 120.25 130 136.5 144.95 DA 30 20 20 21 25 CAPEX -18 -21 -22 -25 -28 DeltaNWC -3 1 2 2 -4 Unlevered FCF 119.5 120.25 130 134.5 137.95 d = 0.22 g= 0.06 Debt = 200 Cash = 18 Shares on the Stock Exchange 201 Exercisable options 12 Warrants 5 2. Create a scenario analysis with the growth rates at 4%, 6% and 8% 3. Create a scenario analysis where the EBIT remains as above, grows by 5% and shrinks by 5% DCF Assignment 1. Given the information, below, for the company HyStakes, compute the DCF Valuation 2022 2023 2024 2025 2026 1 2 3 4 5 EBIT 170 185 200 210 223 Tax Rate 0.35 0.35 0.35 0.35 0.35 Tax Adjusted EBIT 110.5 120.25 130 136.5 144.95 DA 30 20 20 21 25 CAPEX -18 -21 -22 -25 -28 DeltaNWC -3 1 2 2 -4 Unlevered FCF 119.5 120.25 130 134.5 137.95 d = 0.22 g= 0.06 Debt = 200 Cash = 18 Shares on the Stock Exchange 201 Exercisable options 12 Warrants 5 2. Create a scenario analysis with the growth rates at 4%, 6% and 8% 3. Create a scenario analysis where the EBIT remains as above, grows by 5% and shrinks by 5%

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