Analysis of implied cost of equity capital and the reflection of equity intrinsic values on the market prices
By Tran Vinh Thai (VNP 22) Supervisor: Dr. Duong Nhu Hung Abstract: This thesis focuses on two objectives: analyzing the relationship between the model-based implied cost of equity capital (ICC) and the future realized returns at both individual firm level and whole market level; evaluating the performance of valuation models when the model-based ICC is […]
