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Alternative Cost of Capital Analysis and Estimation
https://doi.org/10.1142/9789812833204_0011Cited by:0 (Source: Crossref)
Abstract:
The following sections are included:
Introduction
Overview of Cost of Capital
Average Earnings Yield Versus Current Earnings Yield Method
Discounting Cash-Flow Method
Weighted-Average Cost of Capital
Theoretical Justification of the WACC
The CAPM Method
M&M's Cross-Sectional Method
The Cost of Capital
Regression Formulation and Empirical Results
Chase Cost of Capital
Summary and Concluding Remarks
Problem Set
Appendix 11.A. Derivative of the Basic Equilibrium Market Price of Stock and Its Implications
References for Appendix 11
References for Chapter 11
