Stubelj, Igor - In: Management 4 (2009) 1, pp. 21-38
investors require on the invested capital. We use the cost of equity as a discount rate to calculate the present value of the … expected free cash flows which belongs to the owners of equity capital. In the article, the methodological solutions for the … evaluation of the equity capital cost with the CAPM on the Slovene financial market are shown. The Slovene capital market is a …