38J. R. Hicks, Value and Capital, 2-nashr (New York: Oxford University Press, 1946), 172-b. 98
39Qarang: www.prenhall.com/bodie
40Aktivlar likvidligi ularni qanchalik tez va bezarar pulga aylantirish mumkinligi bilan belgilanadi. Likvidlik darajasining samarali mezoni bu ular sotib olingan narx va ularni zudlik bilan qayta sotish narxi o‘rtasidagi farqdir. Shunday qilib, Siz sotib olingan yangi avtomobil likvidligi uning uchun to‘langan narx va shu zahoti boshqa odamga sotishingiz mumkin bo‘lgan narx o‘rtasidagi farq bilan belgilanadi. Biija bozorida savdoga qo‘yiladigan aktivlar likvidligi talab va taklif o‘rtasidagi farq bilan belgilanadi. Pul mablag‘lari aslida “0” spredli aktiv hisoblanadi.
41 Athur J. Keovn, John D. Martin, J. William Petty, Foundations of Finance, Global Edition, 9/E, Pearson 2016, 151-160p. 130
42Athur J. Keovn, John D. Martin, J. William Petty, Foundations of Finance, Global Edition, 9/E, Pearson 2016, 161-164p.
43Ibbotson Associates, Cost of Capital Workshop (Chicago: Ibbotson Associates, 1999).
44Tim Koller, Marc Goedhart, and David Wessel, Valuation: Measuring and Managing the Value of Companies, 4th ed. (Hoboken, NJ: John Wiley & Sons, 2005), 235
45Mamlakat bozor indeksining o‘rtacha kvadrat og‘ishishining S&P indeksining o‘rtacha kvadrat og‘ishishiga nisbati.
46Beta kovariatsiya darajasini dispersiyaga nisbatidan iborat. Koariatsiya darajasi quyidagi fonnula yordamida hisoblanadi: ”*>*=& =Ръ*а1°м/°т= . bu yerda /-mamlakatning bozor indeksi, m- AQSh bozor indeksi.
47I. A. Cooper and E. Kaplanis, “Home Bias in Equity Portfolios and the Cost of Capital for Multinational Firms,” Journal of Applied Corporate Finance 8 (Fall 1995), pp. 95-102