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Personal Finance > Financial Rounds

Damodaran on the Equity Risk Premium

Unknown Professor | Sat, 11/07/2009 - 4:48pm |  Add a comment

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The Equity Risk Premium is one of the central concepts of finance theory and practice. However, when we teach it in class (usually as part of the CAPM), we tend to do a lot of hand-waving and tell students to use historical ERPs. Aswath Damodaran of New York University has an excellent piece on SSR
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