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China's Equity Risk Premium: A Long-Run Perspective

by Nano Kurzmann
Save 13% Save 13%
Current price ₹2,283.00
Original price ₹2,637.00
Original price ₹2,637.00
Original price ₹2,637.00
(-13%)
₹2,283.00
Current price ₹2,283.00

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Book cover type: Paperback
  • ISBN13: 9783640781560
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Grin Verlag
  • Publisher Imprint: Grin Verlag
  • Publication Date:
  • Pages: 88
  • Original Price: USD 26.9
  • Language: English
  • Edition: N/A
  • Item Weight: 127 grams
  • BISAC Subject(s): Finance / General

Master's Thesis from the year 2008 in the subject Business economics - Investment and Finance, grade: 1,3, University of Birmingham (Department of Economics), language: English, abstract: Despite the great fall of the Shanghai Stock exchange since the beginning of the year 2008, Chinese equities have performed unimaginably during their young history of existence. This paper aims to answer the question whether these returns are sustainable. The equity risk premium probably provides the most powerful tool to do so. Thus, several techniques are presented to estimate its magnitude. It turns out that some techniques are less and others more suitable in an environment of an emerging country. This paper accumulates evidence that investors must be prepared to receive a much lower reward for their investments.

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