Equation (5) shows the market risk premium as computed by ex-ante population parameters; the expected rates of return
and the covariances among the stochastic rate of returns.
Hence, we wish to determine if there is validity in this hypothesis and whether rates of return
in the two markets (New York and Shanghai) are correlated after excluding the influence of their own lagged values.
For MRSK regional branches that switched to RAB from 2009 and 2010 as well as for FSK, the previously established regulatory rates of return
for the first three years of RAB implementation, are due to remain unchanged.
Third Alternative: If European and Japanese rates of return
on capital are raised to or near U.
The students enter formulas to calculate rates of return
for the stocks as well as for the stock market index.
If this is indeed the case, then the net increment to the government of investing the trust fund in equities on an ongoing basis presumably would be less than the historical rates of return
The need to properly identify capital investments that possess multiple internal rate of return solutions is becoming more important in the work place since investments are now much more likely to have multiple internal rates of return
than was the case a generation ago.
the standard deviation as a percentage of the mean rate of return) is easily derived from the volatility values given in the article and provides a better measure of the variance in the rates of return
because it is directly related to the magnitude of the return.
1) These alternative measures overcome a major limitation of estimates of rates of return
based on historical costs--the noncomparability of investments that differ considerably in age and therefore in price--by presenting estimates on a consistent valuation basis.
However, when [alpha] = 1 increasing return to scale) or 2 (constant returns to scale), the earned rates of return
under linear price are not greater than those under perfect price discrimination.
Rather than relying solely on the state legislature for funds, they have proposed a Michigan Development Fund for private investors, who would provide the capital for selected timber-management activities with promising long-term rates of return
Regression analysis is used to show how these differences in quality are reflected in differences in price, but not in differences in rates of return