Calculate the market risk premium by subtracting the risk-free rate from the average annual return of the S&P 500 for the last 10 years obtained from Yahoo Finance . Determine the beta for each company by averaging the betas obtained from at least three different sources, such as Yahoo Finance, Reuters, and Bloomberg.
Estimating the cost of equity and WACC for hospitality and tourism companies. Objective: The objective of this homework is to provide students with an understanding of cost of equity and WACC analysis in the hospitality and tourism industry sector. Students will be able to compare and contrast the cost of capital of two publicly traded […]