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Alers, Lourdes

Cost of Capital: The Downside-Risk Approach

Li, Wei; Alers, Lourdes

F-1394 | Published August 22, 2002 | 5 pages Technical Note

Collection: Darden School of Business

This note describes the downside risk approach to estimating the cost of equity in emerging markets and contains an example. Based on paper: Javier Estrada, "The Cost of Equity in Emerging Markets: A... Read More