1/ Analyze the way the discounted cash flow (DCF) analysis assists in the determination of the value of the target company and explain how using this method will allow the author to negotiate a reasonable price for the acquisition.

2/ Explain how the net present value (NPV) calculation, as part of the DCF, will the author to analyze strategic alternatives for the identified mergers and acquisitions activity.

Each section should have at least 300 words and at least two academic journals or scholarly articles as references.