Faculty News
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Prof. Aswath Damodaran on calculating country risk
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![CFA Institute blog logo CFA Institute blog logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_032856.jpg?h=cd55d432&itok=zN8rdFkE)
Excerpt from CFA Institute blog -- "Damodaran points to the increasing correlation between international markets as evidence that country risk cannot be diversified away entirely. He considers three measures for estimating the country risk premium: the default spread on a country’s sovereign debt, a premium based on equity market volatility relative to the U.S., and a hybrid approach."
Faculty News
—
![CFA Institute blog logo CFA Institute blog logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_032856.jpg?h=cd55d432&itok=zN8rdFkE)
Excerpt from CFA Institute blog -- "Damodaran points to the increasing correlation between international markets as evidence that country risk cannot be diversified away entirely. He considers three measures for estimating the country risk premium: the default spread on a country’s sovereign debt, a premium based on equity market volatility relative to the U.S., and a hybrid approach."