The complete discount-rate framework — the SDF, why valuations move on discount rates rather than growth, and where ESG enters, with the empirical answers revealed.
The asset-pricing papers behind the lecture — Cochrane, Pástor–Stambaugh–Taylor, Bolton–Kacperczyk, Pedersen — with free working-paper links where available.
A real, just-listed company valued from the ground up — a sum-of-the-parts DCF with ESG in the discount rate, the reverse-DCF on the $1.45tn moonshot, and the governance overlay.
Plain-English written walkthroughs of both halves — the discount-rate theory and the full SpaceX valuation — in flowing prose, ideal for revision.
An interactive self-test across the discount-rate theory and the SpaceX valuation — pick an answer and see at once whether it's right, with a one-line explanation for every option. The questions reshuffle each time. This is practice for revision; it is separate from the graded assessment.