Your company has recently released its financial results for the previous financial year.

It is anticipated that the company will experience a growth of 20% over the next 4 years and thereafter the growth rate will decline to 4% for the foreseeable future. Therefore, terminal value should also be taken into consideration when performing valuation.

Assume the following:

• r_RF = 5.6%; RPM = 6%; b = 1.2
• Debt: Price of the bond = R1,153.72; no of bonds = 70,000 bonds
• Preferred shares: Price = R116.95; no of shares = 200,000 shares

Use an existing companys financials in answering this question. All assumptions must be supported. Answer should be in a form of a report not exceeding 10 pages.