In this session, I look at the costs of debt, equity and capital, and why they vary across companies, by focusing on measures of relative risk, starting with betas, but also offering alternative measures for those who take issue with the beta's building blocks (diversified investors, price-based risk measures). I present distribution of costs of capital across regions of the world and different industry groups. Slides: Blog Post: Data sets: 1. Risk Measures by Industry: 2. Betas by industry: 3. Cost of debt, equity and capital by industry:
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