The submission must be an excel spreadsheet. Each step should be on a separate tab within the spreadsheet. 1. Create a dividend discount model to value each stock. 2. Calculate the P/E ratio and the dividend yield for each stock. 3. Rank each stock by expected return, highest to lowest. 4. Rank each stock by expected alpha by comparing the calculated return to the required rate of return. Indicate buy or sell next to each stock, depending on the return derived from your valuation model vs. the required rate of return. 5. Create a 10-stock equally weighted portfolio with the stocks with the highest expected alpha. Show the beta, expected return and Jensen alpha for this portfolio.

Risk Free Rate 2.00% Market Expected Rtn 7.00% EARNINGS PER SHARE DIVIDEND PER SHARE Stock Name Last Price Beta Actual Estimated Estimated Estimated Actual Estimated Estimated Estimated Constant Growth after 20242021 2022 2023 2024 2021 2022 2023 2024 CharityGlobe $136.35 1.11 $13.64 $16.18 $19.49 $21.83 $ 6.87 $ 8.15 $ 9.82 $ 11.00 2.68% Worldwidesigns $167.60 1.07 $20.95 $23.74 $28.05 $32.23 $ 8.97 $ 10.16 $ 12.00 $ 13.80 3.15% Laguild $174.27 1.31 $11.62 $14.88 $17.40 $20.58 $ 6.65 $ 8.51 $ 9.95 $ 11.77 4.03% Edconception $177.55 1.30 $11.84 $13.48 $17.08 $19.97 $ 3.41 $ 3.88 $ 4.92 $ 5.75 4.70% Recorps $96.05 0.93 $6.00 $7.00 $7.83 $9.36 $ 3.24 $ 3.78 $ 4.23 $ 5.05 4.76% Cocompany $123.00 0.68 $11.18 $11.87 $13.43 $14.93 $ 5.28 $ 5.60 $ 6.34 $ 7.05 4.48% Companiesia $195.52 1.04 $17.77 $20.46 $22.25 $24.23 $ 9.24 $ 10.64 $ 11.57 $ 12.60 4.11% Innovationsy $151.74 1.03 $10.12 $11.79 $12.99 $15.82 $ 3.28 $ 3.82 $ 4.21 $ 5.13 2.43% Procorp $115.55 1.27 $11.56 $14.79 $16.23 $18.21 $ 3.37 $ 4.32 $ 4.74 $ 5.32 3.80% Macroby $135.44 1.41 $15.05 $19.03 $22.65 $25.48 $ 4.57 $ 5.78 $ 6.89 $ 7.74 3.08% Corpify $211.38 1.12 $16.26 $18.09 $20.58 $25.42 $ 3.97 $ 4.41 $ 5.02 $ 6.20 3.52% Sacompanies $10.29 1.46 $0.86 $1.07 $1.34 $1.56 $ 0.41 $ 0.51 $ 0.64 $ 0.74 4.95% Instrion $25.93 1.32 $1.30 $1.66 $2.08 $2.54 $ 0.69 $ 0.89 $ 1.10 $ 1.35 4.48% Companypro $136.67 0.88 $11.39 $12.32 $14.29 $15.74 $ 2.82 $ 3.06 $ 3.54 $ 3.90 2.08% Globality $162.88 0.64 $9.05 $10.16 $10.83 $11.60 $ 5.21 $ 5.85 $ 6.24 $ 6.68 4.12% Corlds $193.14 1.01 $13.80 $16.55 $19.29 $21.16 $ 7.62 $ 9.14 $ 10.65 $ 11.68 2.21% Trademax $96.87 1.35 $8.81 $11.04 $14.37 $16.95 $ 4.26 $ 5.34 $ 6.95 $ 8.21 2.02% Incable $163.71 1.49 $8.19 $9.69 $10.88 $12.19 $ 2.72 $ 3.22 $ 3.61 $ 4.05 4.30% Edenterprise $65.25 0.61 $4.08 $4.26 $4.83 $5.44 $ 1.24 $ 1.30 $ 1.47 $ 1.66 3.35% Circularway $30.92 0.92 $1.55 $1.73 $1.93 $2.07 $ 0.45 $ 0.51 $ 0.56 $ 0.60 3.65% Globaling $75.43 0.94 $4.71 $5.19 $5.82 $6.98 $ 2.15 $ 2.36 $ 2.66 $ 3.18 4.10% Ondecorative $62.24 1.25 $6.92 $8.04 $9.87 $10.98 $ 1.44 $ 1.67 $ 2.05 $ 2.28 3.67% Producersora $196.47 1.32 $19.65 $24.70 $28.67 $34.80 $ 10.69 $ 13.44 $ 15.59 $ 18.93 3.80% Designium $132.40 0.77 $10.18 $11.75 $12.51 $14.46 $ 4.03 $ 4.65 $ 4.95 $ 5.73 4.95% Onbusiness $88.33 0.56 $9.81 $10.61 $11.59 $12.23 $ 2.08 $ 2.25 $ 2.46 $ 2.59 2.25% Worldwideway $111.51 1.12 $6.97 $8.44 $10.32 $12.35 $ 4.13 $ 5.00 $ 6.11 $ 7.31 4.83% Businessla $60.43 1.48 $4.32 $4.94 $6.09 $7.02 $ 1.07 $ 1.22 $ 1.51 $ 1.74 2.84% Segmently $31.24 1.23 $1.95 $2.20 $2.60 $3.18 $ 1.09 $ 1.23 $ 1.45 $ 1.77 4.15% Businessist $137.02 1.20 $8.56 $10.21 $12.27 $14.90 $ 2.26 $ 2.70 $ 3.24 $ 3.93 2.84% Makerio $157.49 0.50 $15.75 $17.37 $19.10 $20.15 $ 4.28 $ 4.72 $ 5.20 $ 5.48 2.42% Arsegment $19.41 1.01 $2.16 $2.58 $3.15 $3.56 $ 0.91 $ 1.09 $ 1.33 $ 1.51 4.01% Corpsway $14.17 0.94 $1.77 $1.97 $2.25 $2.50 $ 0.53 $ 0.59 $ 0.68 $ 0.75 4.07% Sasector $189.29 1.34 $13.52 $16.94 $21.27 $26.61 $ 4.06 $ 5.08 $ 6.38 $ 7.98 2.04% Creativecast $196.94 1.40 $24.62 $30.51 $37.43 $48.99 $ 9.26 $ 11.47 $ 14.07 $ 18.42 4.23% Guildpro $29.54 1.44 $2.95 $3.30 $4.03 $5.18 $