问题如下:
Which of the following model is properly accounted for financial distress and market-capitalization as well as market risk in the cost of equity estimate?
选项:
A.The Fama French model.
B.The capital asset pricing model (CAPM).
C.Bond Yield Plus Risk Premium model.
解释:
A is correct.
考点:Calculating Required Return
解析:A是正确的。Fama French模型包含了市场、规模和价值风险因素。对价值风险因素的一种解释是,它与金融危机有关。
C为什么不对呢?