Hi Everyone, As we shift gears to start Case One, I want to make some helpful comments. The case is Hongzing Auto. You can nd it in your coursepack. The focus of this case is valuation. However. it is not merely crunching numbers. Several important assumptions are needed. You have to state and justify those. Alter the case I will have group discussion over it. I think you nd this informative, possible a little entertaining. This is a group exercise. Remember at the end of the semester we will ask you for a group evaluation in terms of a journal of activities by you and other folks in your group. I am replicating the instructions below for your convenience. Jamie Haischer Submit your analysis by group in doc format. Be sure to cover the questions below. Hongxing Auto Case Questionsflnstructions Each question is 20% of the assignment. Prepare 5 year pro forma set of nancial statements (BIS, IS, & CF). Document assumptions carefully based on information supplied in the case. Prepare a 5 year Free Cash Flow and DCF analysis. Be sure to explain how your discount rate was derived. Discuss risk factors and their impact on your valuation. Document and justify your calculation of terminal value