Interrelationship between investors portfolios of stocks and firms' portfolios of assets
It is widely recognized that a corporation's cost of capital cannot be determined until an analysis is made of how the market values the firm's common stock. There is, however, no widely-accepted theoretical apparatus linking the market valuation of common stock to a corporation's inv...
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Language: | English |
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University of British Columbia
2011
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Online Access: | http://hdl.handle.net/2429/35582 |