Open AccessIPTEKS PENGHITUNGAN TINGKAT PENGEMBALIAN YANG DIHARAPKAN ATAS SAHAM BIASA
Author(s) -
Winston Pontoh
Publication year - 2017
Publication title -
jurnal ipteks akuntansi bagi masyarakat
Language(s) - English
Resource type - Journals
eISSN - 2684-7426
pISSN - 2614-7378
DOI - 10.32400/jiam.1.1.2017.23521
Subject(s) - capital asset pricing model , rate of return , internal rate of return , absolute return , investment performance , financial economics , risk free interest rate , stock exchange , expected return , stock (firearms) , holding period return , economics , business , econometrics , return on investment , finance , microeconomics , portfolio , mechanical engineering , production (economics) , engineering
Most of investors normally expect optimum return for their investments especially for stock investment, In objective to get optimum return then the investors should know how much the required rate of return for each stock that they want to invest. As the applied science, this study shows that Capital Asset Pricing Model can estimate the required rate of return for investors as the information for them to take investment decision. This study uses one public firm listed in Indonesia Stock Exchange in period of 2015 as the sample to estimate its required rate of return. This study shows that the risk free rate, market return, and stock beta are the main keys for estimating the required rate of return in application of Capital Asset Pricing Model.