My last Finance II case writeup was completed today. This is a fairly big deal. I was dealing with a pretty big Black Dog last spring when I first tried to take Finance II, and facing incredibly complicated cases with lots of computation, no road map, and no teammates was about to send me right into the frozen Charles. I dropped it and decided to take it again this fall. It’s just about bearable this time, in spite of the fact that I’ve fatally screwed up just about every case so far.
The irony of course is that I had to finish the last case on my own, and so completely missed the instructions that I had to value the company using the APV method rather than WACC.