We provide a simple derivation of the weighted average cost of capital and relation between the cost of equity levered and unlevered. We come to the same conclusions about the formula of weighted average cost of capital and cost of levered and unlevered equity as we would if we assumed constant...

This paper uses analysts' forecasts to estimate a share's equity duration, a measure of a company's average cash-flow maturity. We find that short duration equity is associated with high expected and realized returns, which cannot be attributed to the shares' systematic risk exposure as implied...

Grundlagen der Unternehmensbewertung und Preisbildung auf dem Kapitalmarkt -- Zukunftsorientierte Schätzung von risikolosen Zinssätzen -- Zukunftsorientierte Schätzung von Betafaktoren -- Zukunftsorientierte Schätzung von Marktrisikoprämien -- Thesenförmige Zusammenfassung.

The Gramm-Leach-Bliley Act of 1999 provides thatfinancial holding companies can invest in private equity funds that supplyventure capital to entrepreneurial firms.In this study, the equityfinancing of the entrepreneurial firm is analyzed in relationship to thenon-verifiable cash flow of the...