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Rethinking The Equity Risk Premium

In 2001, a small group of academics and practitioners met to discuss the equity risk premium (ERP). Ten years later, in 2011, a similar discussion took place, with participants writing up their thoughts for this volume. The result is a rich set of papers that practitioners may find useful in developing their own approach to the subject....

File Size: 7635 KB
Print Length: 166 pages
Page Numbers Source ISBN: 1934667447
Publisher: Research Foundation of CFA Institute (December 23, 2011)
Publication Date: December 23, 2011
Sold by: Amazon Digital Services LLC
Language: English
Text-to-Speech: ::::
Word Wise: Enabled
Lending: Not Enabled
Format: PDF ePub TXT ebook

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“The term equity risk premium refers to the reward that investors hope to earn by investing in risky stocks rather than in safer securities like government bonds. "Hope" is the critical word here. Finance theory says that equity investors should on ...”