Data Update 4 for 2021: The Hurdle Rate Question!
Musings on Markets
FEBRUARY 10, 2021
If you put all your money in one or the other of these companies, you are exposed to all these risks, but if you spread your bets across a dozen or more companies, you will find that company-specific risk gets averaged out. Cost of equity in US $ for German project = 1% + 1.1
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