Search
Now showing items 1-1 of 1
REITs, Growth Options and Beta
(Springer New York LLC, 2016-11-08)
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 ...