Case sets
Case set 1
5 cases · 20 questions
20 marks24 min if timedNegative marking 25% / wrong answer
Or take it timed
Case set 2
5 cases · 20 questions
20 marks24 min if timedNegative marking 25% / wrong answer
Or take it timed
Case set 3
5 cases · 20 questions
20 marks24 min if timedNegative marking 25% / wrong answer
Or take it timed
Practice shows the hint and the answer after each question. Timed hides them until you hand in, like the exam.
All Series XV cases
Set 1 · Case 1
Profit growth that has not become operating cash
4 questions4 marks
Set 1 · Case 2
From enterprise value to equity value
4 questions4 marks
Set 1 · Case 3
A buyback that raises EPS while reducing profit
4 questions4 marks
Set 1 · Case 4
Operating leverage in a single-product company
4 questions4 marks
Set 1 · Case 5
A report based on optimistic management claims
4 questions4 marks
Set 2 · Case 1
Dissecting return on equity with DuPont analysis
4 questions4 marks
Set 2 · Case 2
Reading a fictional bank’s spread and asset quality
4 questions4 marks
Set 2 · Case 3
Relative valuation and a dividend model
4 questions4 marks
Set 2 · Case 4
A moving average and an unconfirmed breakout
4 questions4 marks
Set 2 · Case 5
Commodity balance and an importer’s exchange-rate exposure
4 questions4 marks
Set 3 · Case 1
Consolidated profit is not all attributable to the parent
4 questions4 marks
Set 3 · Case 2
A sum-of-the-parts valuation with a stress case
4 questions4 marks
Set 3 · Case 3
Linking a required return to a dividend valuation
4 questions4 marks
Set 3 · Case 4
A price increase with a demand response
4 questions4 marks
Set 3 · Case 5
A probability-weighted forecast is not a promise
4 questions4 marks
Do this nextCase set 1
Practice shows the hint and the answer after each question. Timed hides them until you hand in, like the exam.
Start set 1Paper Trading Try it on the practice trading desk →