Markets: A Rigorous Course

Problem sets

Problems

Every problem in the course. Solutions sit behind a deliberate step on each problem page.

to difficulty Check numeric answers checked on the page

M06 Fundamental analysis and valuation 17

  1. P1 Reconciling free cash flow ★★ Check
  2. P2 Annuity variants ★ Check
  3. P3 A two-stage DCF ★ Check
  4. P4 Terminal value must pay for its growth ★★ Check
  5. P5 Economic profit ★★
  6. P6 Competitive-advantage period ★★★ Check
  7. P7 Banks on book ★★ Check
  8. P8 CAPM from the tangency condition ★★
  9. P9 An INR cost of capital ★★ Check
  10. P10 Reverse DCF ★★ Check
  11. P11 Correlated inputs ★★★ Check
  12. P12 Beneish by hand ★★ Check
  13. P13 Piotroski by hand ★ Check
  14. P14 Coffee Can arithmetic ★★ Check
  15. P15 Satyam forensics ★★ Check
  16. P16 Divergence and the P/B of a bank ★★ Check
  17. P17 What a shareholding pattern can and cannot tell you ★★ Check

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