Compute the value of a business interest [Ella Stone’s 45% common stock interest] using the techniques covered in Chapter 16 and prepare a short business
valuation report that should be around four to six pages long.
1. On page one you will write a cover letter to your client stating in summary form what you did and the value you computed.
2. Then, in the next page or two you will discuss your valuation method(s), discounts, and other information relevant to the valuation. Even though the
valuation method and the discounts or premiums you are to use are already given to you, still explain why a business valuator would use them; in your writing
make it sound as if you decided to use the method and discounts or premiums.
3. The next page or two will contain the Excel statement(s) showing your computations