Kapie

Just read it over real quick with Stalla notes. Doesn't really seem too bad. Know how to calc risk free rate (US rate + (inflation differientials), know how to calc debt (same equation as risk free rate + credit risk premium). Use a world mkt portolfio beta when calc wacc. Use the tax rate that coincides with int expense.

Either scenario analysis or adjust wacc. Suggested method is to use scenario analysis cause you have more control over the variables. Don't use both methods at the same time. Debt is measured at current rate, depreciation and fixed assets are measured at historical costs. Use ebitda - int exp (coverage ratios) instead of debt ratios (d/a).

Hmm did I leave anything out?