Presentation

Does the risk free rate still exist?

Does the risk free rate still exist? CAPM in theory and in practice

Over the last 40 years, Corporate Finance theory has made major advances in developing a framework for firm valuation. Despite all these advances, we know little about the usefulness of these valuation methods in practice.  CFA France, ESCP Europe and University of Manitoba launched an ambitious collaborative project to conduct a European survey about valuation practices, and 8 other CFA Institute societies in EMEA (CFA UK, German CFA Society, Italian CFA Society, Swiss CFA Society, CFA Association (Russia), CFA Spain, Belgium CFA Society, Society of Financial Analysts - Mauritius and CFA Emirates). Join us to hear the findings of this European survey to discuss the gap between the theory and practice of firm valuation.