September 5, 2007
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Estimating and Comparing the Implied Cost of Equity for Canadian and U.S. Firms
Staff Working Paper 2007-48 Jonathan Witmer, Lorie ZornThis paper estimates the implied cost of equity for Canadian and U.S. firms using a methodology based on the dividend discount model and utilizing firms' current stock price and analysts' forecasted earnings.Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International topics JEL Code(s): G, G3, G30, G38
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