Session 12 (Val MBAs): Loose Ends in Valuation

During today's session we finished started on the loose ends in valuation, with cash and cross holdings first, and then moving on to other assets. The simple rule to follow is to make sure that you neither double count nor entirely miss assets owned by a firm. We then moved on to look how complexity plays out in valuation, before ending with questions of what to include in debt, with different rules on debt in your cost of capital calculation and debt that you net out from firm value to get to equity value. Finally, if you are interested, I have a post on dysfunctional DCFs that you may enjoy reading: aswathdamodaran.blogspot.com/2...
Start of the class test: pages.stern.nyu.edu/~adamodar...
Slides: pages.stern.nyu.edu/~adamodar...
Post class test:
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Post class test solution: pages.stern.nyu.edu/~adamodar...