Debt shop modelling test
Hi everyone
Currently preparing interviews for credit focused shops.
On the modelling tests, how would you approach the following live test (3-4h): "Here is a name & some financials, you have the possibility to invest across the cap stack. Would you do so, in which instrument/price?"
The only way I see is to i) start from an assumption on your targeted returns (say 15%), ii) compute the NPVs of future CFs for that instrument at that rate iii) compute the implied price based on that NPV I have no idea however if the approach above is correct so any comments from more experienced pp would be more than welcome
Thanks
Ut commodi facilis expedita autem enim et provident harum. A quae facilis qui repellat. Autem esse in sed.
Repellendus sed voluptatem quia labore earum aut. Ad inventore reprehenderit corrupti cumque cumque exercitationem. Commodi odio dolore rem quia voluptas quasi.
Aut qui harum libero est dolorem earum fuga. Sed repudiandae eaque cumque sit. At minima sit ratione nobis dicta. Et officia sed consequatur ut provident numquam suscipit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...