1. Investment banks are heavily involved in the origination process for all but which of the following?
a. IPO
b. SEO
c. M&A
d. Public Debt
2. Net present value analysis frequently ignores:
1. project risk.
2. cash flows after the first three years.
3. some or all of a project’s options.
4. the time value of money.
5. start-up costs.