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The reason we use asset betas of comparable companies is because Each company has a different capital structure Assets are the most accurate way of
The reason we use asset betas of comparable companies is because Each company has a different capital structure Assets are the most accurate way of finding the riskiness of a company Equity betas doht represent the company's riskiness against the market Asset beta is a long-term and equity beta is a short-term measure
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Financial Management For Nonprofit Organizations Policies And Practices
Authors: Jo Ann Hankin, John Zietlow, Alan Seidner, Tim O'Brien
3rd Edition
1119382564, 9781119382560
