I. Executive summary.

(At a minimum,) include these key firm statistics: (recent) market price and market

capitalization, last year’s (use Jan 1 2021 – Jan 1 2022) stock % return, bond rating

(if it exists), estimated stock beta and (annualized) volatility. * (For a foreign stock

that trades as an ADR, which is usually the case unless it’s Canadian, state how

many ordinary shares the ADR contains. See adr.com)

Include your conclusion about whether the market price is high/reasonable/low

(sell/hold/buy recommendation ) and its main justification(s).

II. General analysis: First, you will (primarily qualitatively) analyze the company. (Second, this will be extended to a pro forma/discounted cash flow valuation and third, sensitivity analysis. Details are below.)

1. Overview of the firm: (The interesting/important information about) main products/services, business units, markets, competitors, market shares, etc.

The Company is Costco, and the beta is 0.68, Volatility is 0.19 which are given you.