b) What is the value of Roxy Inc.? Is the project worth
pursuing? [10 marks]
The estimated value of Roxy Inc. is: ____________
The estimated gain to your friend from investing in Roxy’s Inc. is:
___
Exercise 1 (Corporate valuation) [40 marks] Your friend is looking to launch a new hotel chain, Roxy Inc., designed to serve the traveling needs of the budget-minded millennial traveler. To launch Rox