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What's your real cost of capital?

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MAP20071502866
What's your real cost of capital? / James J. McNulty... [et al]
The article describes a alternative to capital asset pricing model (CAPM), it is market-derived capital pircing model (MCPM). This model is based on the traded prices of equity options on a company's shares. The results show that the discount rates given by MCPM are more realistic han the rates generated by CAPM
En: Harvard business review. - Boston. - October 2002 ; p. 114-121
1. Precios . 2. Política de precios . 3. Balances . 4. Análisis de balances . 5. Capital inversión . 6. Gestión financiera . 7. Política empresarial . 8. Metodología . I. McNulty, James J . II. Title. III. Título: Harvard business review.