Ibbotson clarifies controversies on how to estimate size premium; Prefers return in excess of CAPM for both build-up and CAPM models

Business Valuation UpdateVol. 8 No. 7
July 2002
Michael Barad

Summary

The proliferation of data that could be used as the source of a size premium in recent editions of the Stocks, Bonds, Bills and Inflation (SBBI) Valuation Edition Yearbook has caused great confusion o ...