← Reasoning trail
Scenario

Scenario Impact & Probability

Compute deterministic valuation impacts, probabilities and EV per assumption.

What this step considered

catalyst EV +57bps · spread +57bps (moderate) · projection 9812.65.

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