Problem 12.33 – CAPM and Valuation
Fundamentals of Corporate Finance
Brealey, Myers, and Marcus
10th Edition
Given perpetual income, T-bill rate, and expected market return… figure out the property value.
Given perpetual income, T-bill rate, and expected market return… figure out the property value.
Find what projects have a higher expected return, what projects should be accepted, and what projects would be incorrectly accepted or rejected?