← Reasoning trail
Scenario

Scenario Impact & Probability

Compute deterministic valuation impacts, probabilities and EV per assumption.

What this step considered

catalyst EV -24bps · spread -24bps (robust) · projection -5737.3.

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