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Term Project: Corporate Performance and Valuation This is a TEAM PROJECT (groups will be formed for this assignment) - Choose any publicly listed firm with

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Term Project: Corporate Performance and Valuation This is a TEAM PROJECT (groups will be formed for this assignment) - Choose any publicly listed firm with exceptions noted in another document. - Provide a general background of the firm, including history and corporate structure - Evaluate the firm's 5-year FINANCIAL PERFORMANCE: financial statement analysis and ratios - Perform a comprehensive SWOT analysis of the company - Perform a VALUATION of the firm using the intrinsic valuation model. To do this, you will be forecasting the firm's operations over the next 3 -5 years. Again, feel free to make any helpful assumptions. The following is a guide: 1. First review the firm's revenue growth pattern over the recent years and then come up with a growth rate to help you forecast revenues over the next 35 years 2. You may use the same revenue growth rate to forecast operating expenses (except fixed operating costs, if those apply) over the same period 3. For the firm's WACC, you may estimate cost of debt (rD) based on the cost of the firm's current long-term debt or that of a comparable firm. For cost of equity, consider (i) bond yield-plus risk premium approach, (ii) CAPM, or (iii) dividend discount model. Note that for the dividend discount model, you will need to estimate an earnings growth rate (g). Analysts' forecast and recent earnings trend should provide some guidance. Caution! Earnings growth rate used to estimate the cost of equity is not necessarily the same growth rate used to forecast revenues. Deliverables: Your team will compose a paper detailing your findings of intrinsic value. The format of this paper will be using APA standards

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