Handbook of the Equity Risk Premium License:perpetual Coal provides stability in price

Coal provides stability in price and availability

The discussion quality and its applications to the front office is presented using lessons learned by the authors after using the methodology in the real world

* Language understanding

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*Suitable for classroom use in senior/first year grad level courses

Handbook of the Equity Risk Premium License:perpetual Coal provides stability in priceEdited by Rajnish Mehra, this volume focuses on the equity risk premium puzzle, a term coined by Mehra and Prescott in 1985 which encompasses a number of empirical regularities in the prices of capital assets that are at odds with the predictions of standard economic theory.