Talk:Cost of equity
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The paragraph (s)
" Asset Pricing Model
Practitioners usually use some asset pricing models to estimate the cost of capital of an investment. It appears from a survey by Bruner et al. (1998) that the Capital Asset Pricing Model (CAPM) proposed by Sharpe (1964) and Lintner (1965).
It proposed that the expected stock return (or equivalently the cost of equity capital) is equal to: "
is/are awkwardly worded. What is the desired point here?