Question $3(25\backslash \%)$ To determine the fair of value for Cloud Office Infinite Tech Corporate$("$CLOUD OFFICE"$)$ for valuation, Athrun Zala is now estimating the price multiple for recent acquisition cases. He singles out four target multiples on targets that are similar to CLOUD OFFICE. Exhibit $3$ Tech Private Equity Deal Statistics Athrun then calculated the multipliers for comparable companies of CLOUD OFFICE using Mergers $\backslash$& Acquisition function of Bloomberg terminal. Exhibit $43$a$.$ According to Exhibit $3$ and $4,$ what is the fair acquisition value for CLOUD OFFICE shares as reflected by the average median multiples? $(10\backslash \%)$

$3$b$.$ According to Athrun Zala's survey, the average premium that investors paid for acquisition target is $\backslash (20\backslash \%\backslash ).$ What should be the corresponding discount for lack of control? $(5\backslash \%)$

$3$c$.$ For the valuation of CLOUD OFFICE per share, what will be valuation per share in case:

i$.$ the investment concerned is composed of $\backslash (4\backslash \%\backslash )$ of CLOUD OFFICE' total number of share outstanding? $(5\backslash \%)$

ii$.$ the position concerned is composed of $\backslash (52\backslash \%\backslash )$ of CLOUD OFFICE' total number of share outstanding? $(5\backslash \%)$