Chapter

Paylnch

Metho

DEsro
 o

yest mant A4 AGrasslm s{T» r a , InvestmetA

AHAETA Ivest ent zna1 2tG

r a Frtoduljve Uba
3Tata oM A 9westvnet
T rart Edr

Rote A STAOnSTy 0aoATAZ Rate thtan

OA

) Ar En
Moriana Cos Copid)
) CAPM- (Capitol Ascet Pticg Modo)
syaamalik Rlbk xpectod Datuun a Aora AA
a a t rta TrM CAPM d Copas Assat Putino Modas

e(R)R Pi (E(E.) - R)
)Accountirg Rata oRatun Mathed (ARR) :

Averroqe Awual Frro4t ( tT

ARR
Avooqe Investot

8 Wallyr's Mdel
Yaln ehuis bhoru» )
Aneal Pake f Rstvon ()
westian jn eoc Shogta
)
8 Wad Aor's noda
Vol dEoch
fauiIy shora (r) = D+¬-0)e
K
E)- Eotwvg Po Dlhor A
) Intemal Rato ob Retusun
hestmunt jn aoveh
) - Dividand be doru
ahora Ex D/P Ralio
=

D/P Ratio
Diidon a Payou Ratio
-

Coot o Copital
9)Gordon' Modal
Yallbor akoru (4-b
K-br
) = Eort ng e t nboo » Arg-
() nvoptman an eoch bhora
() 9ntotnas rmakob ratusun
C-Totontion Taio
(1-) Dividond payout rabio
Cont Con o Copital