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Showing 1 to 1 of 1 for “"Risk-free security"”.
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The impact of macroeconomic variables on the equity market risk premium in South Africa
The relationship between the Equity Market Risk Premium (MRP) and macroeconomic variables has been a subject of extensive discussion in the finance literature. The MRP is a central component of the main asset pricing models which are used to estimate the cost of equity which is mainly used in …