000			01215cab a2200193 4500
001			##L132572
008			060220n2006 000 0 eng u
035			_a(Sirsi) u132572
041	0		_aeng
100	1		_aPavlov, Andrey
245	0	0	_aUsing countercyclical REITs in the classroom _bsolving problems with the calculation of the cost of capital
260			_c2006
490		0	_aReal Estate Review _v34(3) 2006, 21-27(7)
520			_aWithin 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.
590			_aIKA2080206
690			_aPROPERTY-PROPERTY FINANCE AND INVESTMENT-REAL ESTATE INVESTMENT TRUSTS
700	1		_aGeurts, Tom G.
942			_n0
999			_c76499 _d76499