Using Microsoft and Apple (Currently), please answer the following questions:

(This ongoing project began in Module 1 and continues through most of the book; even if previous segments were not completed, the requirements are still applicable to any business analysis.) Two common models used to estimate the value of companys equity are the discounted cash flow (DCF) model and the residual operating income (ROPI) model. Estimate the value of equity and a stock price for the company(ies) under analysis. The aim is to determine an independent measure of value and assess whether the stock appears to be over- or under-valued. Begin with a forecast of the companys balance sheet and income statement. See Module 12 and follow the forecasting steps outlined there.

1) Please build the following:

a- Model Assumptions and Inputs

b- Model Estimation

c- Interpretation