Discuss the appropriate method to estimate the current value of National without the change in gaming payouts: Principal of finance Assignment, TP, Singapore

Required:

Part 1: Discuss the appropriate method to estimate the current value of National without the change in gaming payouts. Calculate the value

Part 2: Discuss the appropriate method to estimate the value of National with the change in gaming payouts. Calculate the value.

Part 3: Assume the government privatizes National through the tender sale of 1 billion shares of the company. The change in gaming payout is announced.

Use Part 2’s answer to derive the highest bid price per share for the stock of National

Use Genting Singapore Limited’s forward price earnings ratio as proxy to derive the highest bid price per share for the stock of National

Word count requirement: Maximum 1,000 (actual wordcount to be stated on the cover page of the assignment). Minimum number of references: 1