Question: 1. Using the sales forecasts for Tysabri presented in Exhibit A, and using the discounted cash flow model presented in Exhibit B, what do you

1. Using the sales forecasts for Tysabri presented in Exhibit A, and using the discounted cash flow model presented in Exhibit B, what do you think Elan is worth?
2. What other considerations do you think should be included in the valuation of Elan?
3. What would be your recommendation to shareholders- to approve management's proposals killing RP's offer-or say "no" to the proposals, probably prompting the acceptance of RP's offer?

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