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Documents 1 Topic 4 (Ch. 9) The Capital Asset Pricing Model (CAPM) The CAPM The market portfolio The capital.....

Slide 11 Topic 4 (Ch. 9) The Capital Asset Pricing Model (CAPM) The CAPM The market portfolio The capital market line The risk premium on the market portfolio Expected returns…

Documents Chapter 9 Cost of Capital and Project Risk Professor XXXXX Course Name / # © 2007 Thomson...

Slide 1Chapter 9 Cost of Capital and Project Risk Professor XXXXX Course Name / # © 2007 Thomson South-Western Slide 2 2 2 2 Choosing the Right Discount Rate Cost of equity…

Documents Risk And Capital Budgeting Professor Thomson Fin 3013.

Slide 1Risk And Capital Budgeting Professor Thomson Fin 3013 Slide 2 2 Creating Value: Choosing the Right Discount Rate The numerator, that is, the project cash flows, were…

Documents 1 Chapter 6 Trade-Off Between Risk & Return Chapter 7 Risk, Return, and the CAPM.

Slide 11 Chapter 6 Trade-Off Between Risk & Return Chapter 7 Risk, Return, and the CAPM Slide 2 2 Today’s Chapter 6 & 7 Topics Historical Trade-Off between Risk…

Documents Chapter 11: The CAPM Corporate Finance Ross, Westerfield, and Jaffe.

Slide 1Chapter 11: The CAPM Corporate Finance Ross, Westerfield, and Jaffe Slide 2 Outline Portfolio theory The CAPM Slide 3 Expected return with ex ante probabilities Investing…

Documents Equity Valuation CHAPTER 13. 13-2 Framework of Security Analysis Security Analysis (or Fundamental.....

Slide 1Equity Valuation CHAPTER 13 Slide 2 13-2 Framework of Security Analysis Security Analysis (or Fundamental analysis) –The analysis to determine values of firms, e.g.…

Documents The Arbitrage Pricing Theory (Chapter 10) Single-Factor APT Model Multi-Factor APT Models ...

Slide 1The Arbitrage Pricing Theory (Chapter 10)  Single-Factor APT Model  Multi-Factor APT Models  Arbitrage Opportunities  Disequilibrium in APT  Is APT…

Documents Valuation and Evaluation. Basic Valuation Assets have value by virtue of being expected to produce.....

Slide 1 Valuation and Evaluation Slide 2 Basic Valuation Assets have value by virtue of being expected to produce cash flows Cash flows to equity holders are “dividends”…

Documents Multinational Cost of Capital and Capital Structure 17 Lecture.

Slide 1Multinational Cost of Capital and Capital Structure 17 Lecture Slide 2 17 - 2 Chapter Objectives To explain how corporate and country characteristics influence an…

Documents Théorie Financière 2004-2005 Risk and expected returns (2) Professeur André Farber.

Slide 1 Théorie Financière 2004-2005 Risk and expected returns (2) Professeur André Farber Slide 2 August 23, 2004 Tfin 2004 08 Risk and return (2) |2 Risk and return…