Richard Hardy's user avatar
Richard Hardy's user avatar
Richard Hardy's user avatar
Richard Hardy
  • Member for 8 years, 8 months
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  • Europe
1 vote
1 answer
74 views

Price discrepancy between the same company's stock on two exchanges

1 vote
1 answer
63 views

Optimality of the free market and game-theoretic arguments

1 vote
0 answers
20 views

Testing asset pricing models with Roll's critique in mind

0 votes
0 answers
25 views

How to value of a stock that cannot be sold for a fixed time period?

5 votes
1 answer
148 views

Trying to understand the notion of required return

0 votes
0 answers
83 views

Deriving the CAPM: going from utility of consumption to utility of asset returns

4 votes
2 answers
165 views

Applied financial econometrics textbook

1 vote
1 answer
104 views

Does doing nothing produce negative net present value? How can we show that?

7 votes
2 answers
96 views

Econometrics blogs (after Econometrics Beat has been closed)

3 votes
0 answers
36 views

Covered interest rate parity: the forward contract is not risk free

1 vote
2 answers
51 views

Impact of the corporate tax rate on the cost of equity (Modigliani & Miller Proposition II)

1 vote
1 answer
56 views

Confused about the idea and purpose of stock dividends

1 vote
0 answers
16 views

Dividend policy in terms of net profit or free cash flow?

2 votes
2 answers
34 views

Effect of tax on required return on debt (and equity)

1 vote
0 answers
27 views

Does this example involving WACC make sense?

2 votes
0 answers
31 views

Cost of debt: How to adjust YTM for the possibility of bankruptcy?

2 votes
0 answers
82 views

WACC: forward looking vs. backward looking

0 votes
1 answer
60 views

Cost of debt, taxes and WACC

1 vote
1 answer
80 views

Risk-free borrowing as an assumption for CAPM

3 votes
2 answers
249 views

Does the initial bond price equal the face value?

5 votes
1 answer
128 views

Time value of money: impatience, risk, inflation... and opportunity cost?

2 votes
1 answer
180 views

Relationship between nominal and real interest rates and inflation in a term structure model

3 votes
1 answer
478 views

Modigliani & Miller with taxes: how is this equation derived?

2 votes
1 answer
214 views

Understanding Modigliani & Miller: different graphs in different textbooks

2 votes
1 answer
238 views

Realistic examples of quantity competition

5 votes
1 answer
193 views

A large spike in home ownership in the U.S. in 2020: why?

6 votes
2 answers
106 views

Is this a case of nonseparable utility (across states of nature)?

4 votes
1 answer
159 views

Nonseparable utility across states of nature: an intuitive example

10 votes
3 answers
1k views

What is the consensus (if any) on Peters "The ergodicity problem in economics" (2019)?

1 vote
1 answer
44 views

When choosing among alternative projects, must one always adjust for opportunity cost?