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| Topic: |
Technology
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| Number of pages / Number of words: |
13 / 3605 |
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In Exhibit 4 of the case study we are provided returns for various securities and indices. The lowest risk investment listed is in United States Short-term Treasury bills, which are generally considered to carry a very minimal risk and are frequently used as the basis for risk-free rates in financial analyses...
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The lowest risk investment listed is in United States Short-term Treasury bills, which are generally considered to carry a very minimal risk and are frequently used as the basis for risk-free rates in financial analyses. Thus, in our analyses we have set our risk-free rate, rf, equal to 5.46%, the figure from 1987 that was the most recent data available as of the time of the case study...
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General points of the essay
10 YR Treasury risk-free rate of interest, krf.
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