Link for document:

https://drive.google.com/open?id=1M2VmKuEBASiXHMBDfmWDwpalgpSsW1hq

Q1. In theconsensus case, what is the exit multiple terminal value on Dec 31, 2028?

1,853,611

1,605,714

2,151,659

2,232,891

Q2. In theconsensus case, what is Amazon's enterprise value on the valuation date using the exit multiple terminal value?

1,378,837

2,088,584

1,029,071

1,414,325

Q3. What is the expected AMZN value per share in 2028 in thebear caseusing the exit multiple terminal valuation method?

7,721

3,570

4,892

5,038

Q4. 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%?

2,717

2,473

2,686

2,502

Q5. 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)?

13.5%

15.4%

13.1%

13.8%