Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...

The CAPM formula describes the expected return for investing in a security that’s equal to the risk-free return plus a risk premium. In the formula, the risk premium—a rate of return that’s ...

Learn more about the weighted average cost of capital and see why firms unlever and re-lever beta to compare debt and equity ...