In this class, started with cross holdings, and why they are difficult to incorporate into value, and to other assets that you may consider adding on, because we have not considering them yet. On the latter, the key component to remember is not to double count an asset, by first counting its cash flow and then the value of the asset itself. We the moved on to how to define debt, arguing forr a narrow definition for cost of capital purposes, but a broader definition for netting out from enterprise value. We also argued that management options and restricted stock need to be incorporated into value per share and how to do it.

Start of the class test: https://pages.stern.nyu.edu/~adamodar...
Slides: https://pages.stern.nyu.edu/~adamodar...
Post class test: https://pages.stern.nyu.edu/~adamodar...
Post class test: https://pages.stern.nyu.edu/~adamodar...