Paper


o Less than 5 single spaced pages of your research summary. You don’t need to attach your spreadsheet models as appendix to this paper. The cover and reference pages are not included in the 5 page limit (single space).

o A brief description of the company’s business, its competitive positioning followed by highlights of your valuation model and financial analysis. The main focus of this paper should be your valuation model. If you copy other people’s work, you have to cite the sources. Otherwise, it is a plagiarism.

o The paper ends (or starts) with your recommendation of whether you would advise your boss (or clients) to buy the company (or stock).  The Crystal Ball simulation results provide the value distribution and the percentage of under or overvaluation.

o Besides the quality of analysis, the manner in which the analysis is presented will also be graded.