Urba´nski, Stanislaw - In: E-Finanse : finansowy kwartalnik internetowy 15 (2019) 2, pp. 48-62
the Warsaw Stock Exchange in the years 1995-2017. To this end, the classic CAPM is used to estimate the cost of risk …. Model tests are based on 252 monthly returns. In order to assess the errors of cost of capital estimation, the bootstrap …