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  • REITs, Growth Options and Beta 

    Tırtıroğlu, Doğan; Nguyen, Thu Ha; Tırtıroǧlu, Ercan; Wee, Tancheng (Springer New York LLC, 2017-10)
    Are REITs income stocks, only? Following Myers (1977) and Bernardo et al. (2007), we examine empirically REITs’ unlevered betas, betas of growth options, betas of assets-in-place and the difference between the latter two ...