Session 19 Val Undergrad Valuation Closure and Pricing 101
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=bnxay2dtktk
We started this class by finishing the last few ends of intrinsic value, by looking at the challenges in valuing companies with intangible assets and cyclical/commodity companies. With the latter, we talked about how using simulations can give you a handle on uncertainty. We then set the stage of pricing companies, contrasting the pricing process with the value process. The rest of the class was our first foray into pricing, with why pricing is so much more common than intrinsic value and how multiples are just standardized prices. We also started on the first steps in deconstructing pricing, with the definitional and descriptional tests. • Start of the class test: https://pages.stern.nyu.edu/~adamodar... • Slides: https://pages.stern.nyu.edu/~adamodar... • Post-class test: https://www.stern.nyu.edu/~adamodar/p... • Post-class test solution: https://www.stern.nyu.edu/~adamodar/p...
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