- Is Dressen an attractive buyout opportunity?
- What is the maximum price you can pay, would you be willing to pay for Dressen based on a discounted cash flow valuation?
- What did Lynch to refloat Dressen?
- What does a credible cash flow?
- How much would you pay Lynch for him to stay in the business?
- Is there a difference in the value of Dressen with and without Lynch? How much?
Solution in word and excel

CASE HARVARD: MARRIOTT CORPORATION - THE COST OF CAPITAL FOR DIVISION (13)