Session 4: Risk free Rates and Equity Risk Premiums

In this session, I began by going through the project workbook, to make judgments on who the marginal investors in a company are and then talked about how to estimate the risk free rate, before introducing the equity risk premium (with the historical and implied approaches).
Slides: https://www.stern.nyu.edu/~adamodar/p...
Project Workbook: https://www.stern.nyu.edu/~adamodar/p...

(This is a blast from the past, since these are recordings of a corporate finance class that I taught in the Stern Trium MBA program in January 2016. That said, corporate finance first principles don't magically change over time, and while nothing is timeless, the lessons hold up. The class was a three-day class, with twelve recordings of about an hour and a half each. You can get the entire playlist by going here:
   • Corporate Finance Executive Class (Ja...  
The webpage for the class, with links to additional material is here:
https://pages.stern.nyu.edu/~adamodar...
The lecture notes for the class are at this link:
https://pages.stern.nyu.edu/~adamodar...)