APEX-Agents · Investment Banking
World224_JR_Task1
APEX-Agents task World224_JR_Task1 in AI Agents for M&A Legal Due Diligence. Compare dual-harness agent runs across models — rubric criteria, scores, and public traces.
Task prompt
What the agent was asked to do
Run a single downside scenario where all modeled sensitivity factors receive a 20% shock, in the direction that would adversely impact IRR. What would the new IRR & Sponsor Equity Value be? Use the LBO model to answer. In the operating assumptions, update the sensitivity shocks of the major business drivers, including: a) -20% 'Growth rate scale', total revenue growth for Elastic for years 1-5 b) 20% 'Customer acquisition costs', total sales and marketing costs for years 1-5 for Elastic c) 20% 'R&D cost', the costs for research and development that Elastic is expected to pay from year 1 to 5 in the future d) 20% 'Debt costs', the interest costs that Elastic would have to pay e) -20% 'EBITDA multiple', the exit multiple that is used in determining the exit valuation Output, in a NEW tab in the existing LBO model, values for “IRR (All factors shocked by 20%)” and “Sponsor Equity Value (All factors shocked by 20%)”. Round all values to two decimal places, and display monetary values in millions ($m). I also want you to give an assessment of whether further analysis is required, based on whether the downside loses money.
Published trajectories
Agent runs on this task
Curated dual-harness runs (parsed + original sandbox). Best scored run per model.
| Model | Harness | Score | Result | Links |
|---|---|---|---|---|
| GPT-5.5showcase | dual | 3/3 | Pass | Share pagePublic trace |
| Gemini 3.1 Pro | dual | 0/3 | Fail | Share pagePublic trace |
| GPT-5.4 mini | dual | 3/3 | Pass | Share pagePublic trace |
| GPT-5.4 nano | dual | 1/3 | Fail | Share pagePublic trace |
Grading rubric
Criteria and grader verdict (showcase run)
States that the IRR (with all factors shocked by 20%) is -2.36%
PassEvidence: TEXT_RESPONSE table states “IRR (All factors shocked by 20%) | -2.36%”. Assessment: Criterion asks whether it states the IRR is -2.36%; pass because the response clearly provides that exact value.
States that the Sponsor Equity Value (with all factors shocked by 20%) is $10,008.02m
PassEvidence: TEXT_RESPONSE table states “Sponsor Equity Value (All factors shocked by 20%) | $10,008.02m”. Assessment: Criterion asks whether it states Sponsor Equity Value is $10,008.02m; pass because the response clearly provides that exact monetary value in millions.
States that given the IRR assessment for all factors shocked by 20%, extra analysis is required
PassEvidence: TEXT_RESPONSE says “Assessment: further analysis is required” and explains the downside “loses money” with “negative IRR.” Assessment: Criterion asks whether it states extra analysis is required given the IRR assessment; pass because the response explicitly states further analysis is required.