Equity Risk Premia and Risk-Free Rate in the Eurozone, the UK and Canada

Our industry experts Carla Nunes, CFA, and James P. Harrington were speakers at the ASA International Conference in Las Vegas last October. They shared insights around risk-free rates and equity risk premia (ERP) estimates to be considered when developing discount rates in the Eurozone, the UK and Canada. They also discussed the strengths and weaknesses of the “historical,” “implied,” “survey” and “conditional” methods used for developing ERP estimates for non-U.S. valuation analyses.