Slide MGT204 Slide09

9-1

Chapter Nine

Capital Market
Corporate Finance
Ross Westerfield Jaffe
Theory: An Overview




9

Sixth Edition

Prepared by
Gady Jacoby
University of Manitoba
and
Sebouh Aintablian

American University of
Beirut
McGraw-Hill Ryerson

© 2003 McGraw–Hill Ryerson Limited

9-2

Chapter Outline
9.1
9.2
9.3
9.4
9.5
9.6

Returns
Holding-Period Returns
Return Statistics
Average Stock Returns and Risk-Free Returns

Risk Statistics
Summary and Conclusions

McGraw-Hill Ryerson

© 2003 McGraw–Hill Ryerson Limited