Cost of Equity Capital and Model Mispricing

Business Valuation UpdateVol. 5 No. 6
Data and Publications Update
June 1999
cost of equity, systematic risk

Summary

"Cost of Equity Capital and Model Mispricing," Pástor, Luboš and Robert F. Stambaugh, Journal of Finance , February 1999, pp. 67-114. The cost of equity, the expected rate of return on a firm's sto ...