Data Update 4 for 2021: The Hurdle Rate Question!
Musings on Markets
FEBRUARY 10, 2021
From a hurdle rate perspective, this implies that companies, where the marginal investors (who own a lot of stock and trade that stock) are diversified, should incorporate only macroeconomic or market risk into hurdle rates. Cost of equity in US $ for German project = 1% + 1.1
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