Describe the differences between the bond ratings.
July 2, 2020Discuss Understanding Financial Statements and Cash Flow
July 2, 2020Part 1. Prepare a valuation of a large financial and banking institution. This should involve: (1) Dividend Discount Model valuation; and, (2) Valuation by Comparables (use multiples – Price to Earnings Ratio, Price to Book Value Ratio, etc.; Morningstar.com has several ratios under “Valuation”). Explain the principal assumptions used in the DDM valuation? Are the valuations consistent – why or why not? What special challenges or issues did you encounter with the valuations?
