Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 10, 2020 erstellt
Beschreibung:
As interest rates on Government Bonds have decreased, some analysts and consultants in Europe and in the US are using what they call “Normalized Risk-Free rate”.We show several inconsistencies and errors in the use of “Normalized Risk-Free rate”. Section 5 is a short case that may be used in class. It contains 26 interesting comments