Your bank is preparing a pitch for a possible acquisition and your team is working on the DCF valuation of Andersons, Inc. (ANDE-US). The average growth rate of sales over the last 10 years (2009 2019) has been 10.6% per year. Your boss thinks that this number is a good estimate for the expected growth rate of sales over the next 5 years. Looking at the information on this company on FactSet, do you think that this assumption is realistic? Can you find some numerical piece of information in FactSet to either justify this assumption or to convince your boss that the assumption is unrealistic? In answering this question: You should not do any valuation calculation. You should just look at information on FactSet. You just need to find one reason (and one piece of numerical evidence to support it) in favour or against, not both. [HINT: I will accept either answer (support/reject) as long as they are well funded].