Minasyan, Vigen Babkenovich - 2013
The theory of capital (long-term) assets value (Sharpe, 1964, Lintner, 1965, Mossin, 1966), based on G. Markovitz's model (Markovitz, 1952,1059), has served for many years as the basis for valuations in the investment analysis and corporate finance. However, implicitly, this theory contains an...