L'édition de cet ISBN n'est malheureusement plus disponible.
Afficher les exemplaires de cette édition ISBNLes informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
"Stephen Hassett is onto something. His notion that the risk premium on stocks is not constant, but varies with the risk free rate, helps to explain an enduring puzzle: why actual stock prices vary from the estimates that analysts′ models imply. This book will offer fresh and provocative insight to careful students of the stock market. Read it and grow wiser." Robert F. Bruner, Dean and Charles C. Abbott Professor of Business Administration, Darden Graduate School of Business, University of Virginia
"The equity risk premium is a key input to the cost of capital. During periods of economic stability, practitioners typically used an estimate of the long–term average equity risk premium, typically adjusting the estimate once a year. But all that changed as the crisis in late 2008 unfolded. In these uncertain economic times, we have found the Risk Premium Factor Valuation Model to be a powerful tool for adjusting our equity risk premium estimate as we move through the rapidly changing business cycle. We recommend that practitioners use the Risk Premium Factor Valuation Model to better understand the economic interrelationships that drive the pricing of the broad stock market and the equity risk premium." Roger J. Grabowski, Managing Director, Duff & Phelps LLC and coauthor of Cost of Capital: Applications and Examples
"Understanding and accurately estimating the cost of capital is fundamental to making decisions that create value. Stephen Hassett′s Risk Premium Factor Valuation Model provides an easy–to–understand approach to estimating the cost of equity capital that is accessible and insightful to those with a basic understanding of finance and expert practitioners alike. Further, it demystifies the drivers of market valuation and provides a compelling and often under–appreciated linkage between growth and stock price. It will enrich the perspective of any investor or manager." David M. Kostel, Managing Director and Co–Head of Healthcare Mergers & Acquisitions, Credit Suisse
The Risk Premium Factor presents and proves a radical new theory that explains the stock market, offering a quantitative explanation for all the booms, busts, bubbles, and multiple expansions and contractions of the market we have experienced over the past half–century.
Written by Stephen D. Hassett, a corporate development executive, author and specialist in value management, mergers and acquisitions, new venture strategy, development, and execution for high technology, SaaS, web, and mobile businesses, the book convincingly demonstrates that the equity risk premium is proportional to long–term Treasury yields, establishing a connection to loss aversion theory.
Understanding the stock market is simple. By grasping the simplicity, business leaders, corporate decision makers, private equity, venture capital, professional, and individual investors will fully understand the system under which they operate, and find themselves empowered to make better decisions managing their businesses and investment portfolios.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
Frais de port :
EUR 3,71
Vers Etats-Unis
Description du livre Etat : New. Brand New! Not Overstocks or Low Quality Book Club Editions! Direct From the Publisher! We're not a giant, faceless warehouse organization! We're a small town bookstore that loves books and loves it's customers! Buy from Lakeside Books!. N° de réf. du vendeur OTF-S-9781118099056
Description du livre Etat : New. N° de réf. du vendeur 12389057-n
Description du livre Hardcover. Etat : new. This item is printed on demand. N° de réf. du vendeur 9781118099056
Description du livre Etat : New. N° de réf. du vendeur ABLIING23Mar2317530294270
Description du livre Etat : new. N° de réf. du vendeur 15dd556258aa39ec187a36a27ef224de
Description du livre Hardback. Etat : New. New copy - Usually dispatched within 4 working days. Presents and proves a radical theory that explains the stock market, offering a quantitative explanation for all the booms, busts, bubbles, and multiple expansions and contractions of the market we have experienced over the years. This book demonstrates that the equity risk premium is proportional to long-term Treasury yields. N° de réf. du vendeur B9781118099056
Description du livre Etat : New. N° de réf. du vendeur I-9781118099056
Description du livre Etat : New. N° de réf. du vendeur 12389057-n
Description du livre Etat : New. Presents and proves a radical theory that explains the stock market, offering a quantitative explanation for all the booms, busts, bubbles, and multiple expansions and contractions of the market we have experienced over the years. This book demonstrates that the equity risk premium is proportional to long-term Treasury yields. Series: Wiley Finance Series. Num Pages: 182 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 240 x 163 x 19. Weight in Grams: 414. . 2011. 1st Edition. Hardcover. . . . . N° de réf. du vendeur V9781118099056
Description du livre hardback. Etat : New. Language: ENG. N° de réf. du vendeur 9781118099056