Browsing by Author "Chen, Jianguo"
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The corporate cost of capital and financial investment in New Zealand
Chen, Jianguo; Wang, Ruijing; Black, CarolynWe have estimated the cost of capital for the New Zealand listed non-finance corporate sector by the corporate internal rate of return method adopted by Fama and French (1999). The real IRR on value is 1.87% and IRR on ...