Sales and earnings forecasts for $3$

rd Quarter of FY$2024($ends March $31,2024).$ The

earnings definition should be consistent with that of the Street and your forecasts

should not be identical to those of the analysts or the company for Koty. Projected annual financials for at least over the next $15$ years $($extend to a greater

number of years, if relevant$).$

$$ Equity valuation using both the FCF and Residual Income methods based on longterm forecasted financials. This is an important part of your report. Please explain

the rationale behind your projected financials and valuation. You can use

alternative measures of the risk$-$free rate and market risk premium as long as you

justify the use $($unacceptable to say xyz used this measure...$).$