← Reasoning trail
Scenario

Scenario Impact & Probability

Compute deterministic valuation impacts, probabilities and EV per assumption.

What this step considered

catalyst EV -95bps · spread -95bps (robust) · projection -1116.1.

Follows from
Mercer AdjudicationCatalyst MapImplied (reverse) DCF
Leads to
CountercaseFinal Reconciliation