Using the Excel template, create forecasts for Medfield to the year 2034. What is
the value of Medfield's existing drugs and drug pipeline, ignoring the reformulation
option?
Use a DCF model to determine this value; discount future cash flows to the beginning of
FY 2011 (or 1/1/2011) as the case is set in the first few weeks of 2011.
Provide brief reasoning for how you get from NOPAT (as provided in the case) to FCF
in your model.