How leverage can improve performance
One of the best-known Capital Asset Pricing Model (CAP/M) provides us with a methodology for measuring the relationship between the risk premium and the impact of leverage on expected returns. However, this model is not used only to value the cost of capital but also to evaluate the performance of m...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2020-01-01
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Series: | SHS Web of Conferences |
Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2020/11/shsconf_appsconf2020_01031.pdf |