Using countercyclical REITs in the classroom solving problems with the calculation of the cost of capital
Pavlov, Andrey
Using countercyclical REITs in the classroom solving problems with the calculation of the cost of capital - 2006 - Real Estate Review 34(3) 2006, 21-27(7) .
Within real estate programs, REITs is the logical choice for classroom discussions. However, students have been reported to find difficulties with understanding and calculating the cost of capital for countercyclical securities. By examining the nature of corporate financial analysis, this article aims to unravel the seeming contradictions arising in the process of applying the capital asset pricing model equation to the calculation cost of capital for countercyclical REITs. The explanation is based on existing theory within a concise structure that is aimed at providing students with a better learning experience.
Using countercyclical REITs in the classroom solving problems with the calculation of the cost of capital - 2006 - Real Estate Review 34(3) 2006, 21-27(7) .
Within real estate programs, REITs is the logical choice for classroom discussions. However, students have been reported to find difficulties with understanding and calculating the cost of capital for countercyclical securities. By examining the nature of corporate financial analysis, this article aims to unravel the seeming contradictions arising in the process of applying the capital asset pricing model equation to the calculation cost of capital for countercyclical REITs. The explanation is based on existing theory within a concise structure that is aimed at providing students with a better learning experience.