Advanced Finance
This valuation multiple adjusts EV/EBITDA by subtracting maintenance capex from EBITDA to better reflect true free cash flow.
What is EV/EBITDA – CapEx, also known as EV/EBITDA-C?
This country’s stock exchange is known as the “Nikkei 225.”
What is Japan?
He founded Amazon in 1994 as an online bookstore.
Who is Jeff Bezos?
This ancient structure in Egypt is the only one of the original Seven Wonders still standing.
What is the Great Pyramid of Giza?
The song “Shallow” was performed by these two stars in A Star Is Born (2018).
Who are Lady Gaga and Bradley Cooper?
The Gordon Growth Model assumes this rate is both perpetual and less than the cost of equity.
What is the dividend growth rate (g)?
When the U.S. dollar strengthens, this typically happens to emerging market currencies.
What is depreciation (they weaken)?
This investor is known for his “value investing” philosophy and the annual Berkshire Hathaway letters.
Who is Warren Buffett?
Petra, the “Rose City” carved into red cliffs, is located in this modern-day country.
What is Jordan?
This 2010 film features Leonardo DiCaprio as a thief who steals information by infiltrating dreams.
What is Inception?
A callable bond will typically be traded at either a higher or lower yield than a similar non-callable bond because of this.
What is a higher yield, due to call risk?
The “Big Mac Index” published by The Economist is a playful measure of this economic theory.
What is purchasing power parity (PPP)?
This titan founded Standard Oil and became America’s first billionaire.
Who is John D. Rockefeller?
The world’s largest religious monument, Angkor Wat, is found in this Southeast Asian nation.
What is Cambodia?
The Weeknd headlined this major sports event’s halftime show in 2021.
What is the Super Bowl?
This type of arbitrage involves taking long and short positions in different share classes of the same company (like GOOG vs. GOOGL).
What is dual-class arbitrage?
This country briefly overtook the U.K. as the world’s 5th-largest economy in 2022, measured in nominal GDP.
What is India?
She is the first woman to head the New York Stock Exchange, appointed in 2018.
Who is Stacey Cunningham?
The world’s tallest statue, the Statue of Unity, stands in this country.
What is India?
This 1994 film won Best Picture and features the line, “Life is like a box of chocolates.”
What is Forrest Gump?
When valuing a leveraged buyout, the largest driver of IRR sensitivity (besides exit multiple) is this.
What is leverage (debt-to-equity ratio)?
This index, often used as a barometer for global risk sentiment, tracks 50 blue-chip companies from 11 Eurozone countries.
What is the EURO STOXX 50?
He once led Salomon Brothers, later became Treasury Secretary, and co-founded private equity giant Blackstone.
Who is Stephen Schwarzman?
This South American wonder sits 7,970 feet above sea level and was once lost to the jungle until rediscovered in 1911.
What is Machu Picchu?
This rapper’s 2022 album Mr. Morale & the Big Steppers won the Grammy for Best Rap Album.
Who is Kendrick Lamar?