Properties of implied cost of capital under alternative valuation models and analyst behaviour: evidence from the U.K
Investors have strong incentives to assess the expected return of common equity as an important variable in portfolio management, capital budgeting, investment appraisal and resource allocation decision. A relatively novel methodology of estimating the expected return links market prices with analys...
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Imperial College London
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.582562 |