Discuss the main difficulties that are faced in calculating an appropriate cost of capital using models like the dividend growth model or capital asset pricing model, and the particular problems of estimating a cost of capital for unquoted companies.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Discuss the main difficulties that are faced in calculating an appropriate cost of capital using models like the dividend growth model or capital asset pricing model, and the particular problems of estimating a cost of capital for unquoted companies.

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