Fama-French, CAPM, and implied cost of equity
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DOI: 10.1016/j.jeconbus.2018.08.002
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- Muhammad Adnan Arshad & Saira Munir & Bashir Ahmad & Muhammad Waseem, 2019. "Do factors matter for predicting high-risk stock returns? Comparison of single-, three- and five-factor CAPM," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 6(02), pages 1-16, June.
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More about this item
Keywords
CAPM; Fama-French three-factor model; Implied cost of equity; Size factor; Value factor; Ex ante; Geometric mean;All these keywords.
JEL classification:
- G1 - Financial Economics - - General Financial Markets
- G3 - Financial Economics - - Corporate Finance and Governance
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