Does the Capital Asset Pricing Model Work?
by David W., Jr. Mullins
Our Price: $6.50
Availability: Available for download now
Category: Book
See more book details and other editions
Book Summary Information
Author: David W., Jr. MullinsEdition: Digital
Audio: English (Published)
Format: Download: PDF
Published: 1982-01-01
ISBN: N/A
Number of pages: 10
Publisher: Harvard Business Review
Summary of Does the Capital Asset Pricing Model Work?
The capital asset pricing model (CAPM) is a theoretical representation of the way financial markets behave. It can be used to estimate a company's cost of equity capital in investment management decisions. Managers can also use CAPM to calculate divisional hurdle rates and risks of acquisitions. CAPM is based on specialized assumptions including frictionless markets without imperfections, such as transaction costs, taxes and restrictions on borrowing and short selling. It requires limiting assumptions concerning the statistical nature of securities' returns and investors' preferences, and it assumes investors' agreements on likely performance and risk of securities.Finance Books
Book Subjects
- Arts & Photography
- Biographies & Memoirs
- Business & Investing
- Children's Books
- Comics & Graphic Novels
- Computers & Internet
- Cooking, Food & Wine
- Entertainment
- Gay & Lesbian
- Health, Mind & Body
- History
- Home & Garden
- Horror
- Law
- Literature & Fiction
- Mystery & Thrillers
- Nonfiction
- Outdoors & Nature
- Parenting & Families
- Professional & Technical
- Reference
- Religion & Spirituality
- Romance
- Science
- Science Fiction & Fantasy
- Sports
- Teens
- Travel
Most talked about in Finance Books
The Complete Idiot's Guide to Beating Debtby Steven D. Strauss
Alpha; Published: 1999-11-18; Mass Market Paperback; Book
Best price: $0.01
Price in other shops:
The Complete Idiot's Guide To Wills And Estatesby Steve Maple
Alpha Books; Published: 1997; Paperback; Book
Best price: $0.01
Financial Management and Recordkeeping: Activity Guide and Working Papers IIby McGraw-Hill
Glencoe/McGraw-Hill; Published: 1993-08-26; Paperback; Book
Price in other shops:
The Panic of 1907: Lessons Learned from the Market's Perfect Stormby Robert F. Bruner, Sean D. Carr
Wiley; Published: 2009-04-27; Paperback; Book
Best price: $9.37
Price in other shops:
Financial Institutions, Markets, and Moneyby David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard L. Peterson
John Wiley & Sons Inc; Wiley; Published: 2008-01-14; Hardcover; Book
Best price: $51.69
Financial Accounting: Reporting and Analysisby Earl K. Stice, James Stice, Michael Diamond
South-Western College Pub; Published: 2001-12-28; Hardcover; Book
Best price: $11.65
Price in other shops:
The Money Book for the Young, Fabulous & Brokeby Suze Orman
PBS; Penguin Audio; Published: 2005-03-03; Audio CD; Book
Best price: $16.04
Price in other shops:
Money, Banking and Financial Marketsby Stephen Cecchetti
McGraw-Hill/Irwin; Published: 2007-08-17; Hardcover; Book
Best price: $34.61
Understanding Financial Statementsby Lyn M. Fraser, Aileen Ormiston
Prentice Hall; Published: 1997-11-20; Paperback; Book
Best price: $31.15
Price in other shops:
Foundations of Financial Management (The Irwin Series in Finance, Insurance, and Real Estate)by Stanley B. Block, Geoffrey A. Hirt
Mcgraw-Hill College; Published: 1999-07-01; Textbook Binding; Book
Best price: $28.91
Price in other shops: