Please read the case BCE IN PLAY, 2010, and then answer following five questions. Thank you.

Questions: 1) 2) 3) 4) 5) Determine what BCE is worth to the three private equity consortiums based on relative comparable companies analysis (10 points) and comparable transactions analysis (10 points). Which analysis gives you a result that you prefer? (5 points) Calculate what BCE is worth to the three private equity consortiums based on DCF. For the DCF assume the sale of non-core assets (20 points). Do you prefer the result from the comparables analysis or the DCF? Explain why {5 points) From the perspective of the private equity rms, what is the potential IRR on the investment given the proposed initial investment and exit price assumed in the case? {10 points) From the perspective of the bidder: a} What challenges might arise in nancing such a large transaction? (10 points) b} What strategic considerations need to be taken into account relative to other bids? (5 points) c) What potential opportunities might exist to exit their investment in three to ve years? (5 points) From the perspective of BCE, how might the Strategic Oversight Committee weigh the prospect of an all-cash bid from a private equity bidder against a potential stock- and-cash bid from Telus? (5 points) What price might the committee feel was adequate given BCE's historical and recent share price performance? (5 points) How would the Committee ensure it was maximizing the value to BCE's shareholders? (10 points)