- Part 1:
Choose any prospectus of an IPO (in the UAE or outside the UAE) and comment on the different valuation methods used:
DCF: What assumptions about growth, WACC, expected cash flows? Are they reasonable and why?
• Multiples: Which comparables do they choose? Are they reasonable?
• Multiples: Which ratios do they choose? Are they reasonable?
• Other methods (EVA, real options, Dividend growth model, …)
Find a financial article about any rogue trader who improperly traded in derivatives and ended up with a huge loss. Discuss the derivatives involved and why that lead to a huge loss.