Why do local market risk premiums differ across national stock markets? Do the differences mean that some

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Why do local market risk premiums differ across national stock markets? Do the differences mean that some markets are more attractive to invest in than others?
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Valuation Measuring and managing the values of companies

ISBN: ?978-0470424704

5th edition

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

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