Problem 1. What are the main problems with the use of comparables? Provide specific real-world or numeric examples to illustrate your discussion response.
Problem 2. What are the perfect market assumptions? Are they important? Why, or why not?
Problem 3. Describe in depth the Capital Asset Pricing Model (CAPM). Under what specific circumstances does the CAPM model work and not work?
Problem 4. Describe the relationship between comparables and net present value. Are there any cautionary issues? Justify your response.
Contrast Google and Wal-Mart. Which agency biases, problems, or conflicts are likely to impact Google worse than Wal-Mart, and vice versa? Substantiate your response.