CLC number: F832.48
On-line Access: 2024-08-27
Received: 2023-10-17
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MCDONALD John F.. The Q theory of investment, the capital asset pricing model, and asset valuation: a synthesis[J]. Journal of Zhejiang University Science A, 2004, 5(5): 499-508.
@article{title="The Q theory of investment, the capital asset pricing model, and asset valuation: a synthesis",
author="MCDONALD John F.",
journal="Journal of Zhejiang University Science A",
volume="5",
number="5",
pages="499-508",
year="2004",
publisher="Zhejiang University Press & Springer",
doi="10.1631/jzus.2004.0499"
}
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%A MCDONALD John F.
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%D 2004
%I Zhejiang University Press & Springer
%DOI 10.1631/jzus.2004.0499
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T1 - The Q theory of investment, the capital asset pricing model, and asset valuation: a synthesis
A1 - MCDONALD John F.
J0 - Journal of Zhejiang University Science A
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SP - 499
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%@ 1869-1951
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PB - Zhejiang University Press & Springer
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DOI - 10.1631/jzus.2004.0499
Abstract: The paper combines Tobin's Q theory of real investment with the capital asset pricing model to produce a new and relatively simple procedure for the valuation of real assets using the income approach. Applications of the new method are provided.
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