Chapter 13 - The Global Cost andAvailability of Capital

Please provide your discussion for the following questions on 14^th edition.

5, 6, 11, & 13

5.Equity Risk Premiums. What is an equity risk premium? For an equity risk premium to be truly useful, what need it do?

6.Portfolio Investors. Both domestic and international portfolio managers are asset allocators. What is their portfolio management objective?

11.Market Segmentation. What is market segmentation, and what are the six main causes of market segmentation?

13.Emerging Markets. Firms located in illiquid and segmented emerging markets would benefit from nationalizing their own cost of capital. What do they need to do, and what conditions must exist for their efforts to succeed?