Question
Beta is a measure of how sensitive a stock's return is to the market's return. It is a key variable in the capital asset pricing
Beta is a measure of how sensitive a stock's return is to the market's return. It is a key variable in the capital asset pricing model (CAPM), which estimates the expected return of an asset based on its risk and the risk-free rate. How would you estimate beta for privately held companies or startups that are not traded on the market?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
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