NO.PZ2018062005000029
问题如下:
Company A is a non-public company, company B is the comparable public company of company A. If we want to calculate equity beta of company A, we should:
选项:
A.convert asset beta of company B into its equity beta, then calculate equity beta of company A from the equity beta
B.convert equity beta of company B into its beta asset, then calculate equity beta of company A from the beta asset
C.convert asset beta of company B into equity beta
解释:
B is correct. If we want to calculate equity beta of company A, we should first delver the equity beta of company B into its beta asset, then relever it to get equity beta of company A.
如题