4. Calculate AMZN's target share price using theconsensus caseassumptions and exit multiple terminal value, then perform a sensitivity analysis. What will the share price be if the exit multiple is 16.0x and the discount rate is 10.5%?

A. 2,717

B. 2,502

C 2,686

D 2,473

5. What will the internal rate of return (IRR) be if the exit multiple is 10.0x and the purchase price per share is $1,700 in thebull case(given that the terminal value is calculated using the exit multiple method)?

A 13.8%

B 13.5%

C 13.1%

D 15.4%