We want to value an offer price of an E-retail company, OMG and its matching firms are T-Mobile and AT&T. They are equally matched for OMG. OMG is expected to go public in early 2020. Using the information below and forecasted R&D growth as a key value driver, what should be the offer price of OMG? Investment bankers forecast the R&D growth of OMG after going public to be 55%. Use below information (in thousands) to answer the questions. Forecasted numbers are the numbers that are based on analyst's forecasts. That is, T-Mobile's forecasted revenue of $600,000 is the revenue analysts forecasted in 2019 T-Mobile will have in 2020 T-Mobile AT&T 2019 2019 650,000 30% 350,000 300,000 240,000 forecasted number 600,000 25% 400,500 199,500 300,000 2,500,000 125% 2,900,000 -400,000 1,000,000 forecasted number 4,500,000 70% 3,000,505 1,499,495 1,500,000 Sales revenue Sales growth Cost of goods sold Gross profit Research and development expense R&D growth Selling, general and administrative expense Interest expense Net profits before taxes Net profits after taxes Stock price per share Number of employees in thousands 110% 110,000 150% 1,200,000 150% 1,500,000 35,000 -85,000 -65,000 $85 4 150% 150,000 30,000 -280,500 -200,000 26,000 -2,626,000 -1,508,178 $38 9 20,000 -1,520,505 -939,221 6 15 O $27.53/share O $30.87/share O $22.53/share $34.89/share