What does your bank use for the equity risk premium? I know duff & phelps publishes a normalized risk-free rate and normalized ERP. Does anybody follow this guidance? If you use the spot rate how do you determine your current ERP?
| +224 | Why UBS Is the Worst Place to Start Your IB Career | 36 | 20m |
| +162 | ONLY THESE BANKS OR YOU STRUCK OUT | 41 | 6h |
| +116 | UBS 2nd Year Analyst Q&A (2026) | 19 | 19m |
| +65 | Firm Thinks I'm Lying About Offer | 20 | 1d |
| +59 | Indiana University Fraternity Pipelines | 36 | 5h |
| +50 | Rogo AI | 20 | 18h |
| +47 | Elite Boutique interview questions | 12 | 39m |
| +45 | Suspended for a Year | 19 | 14h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 2d |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 16 | 17h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
damodaran
Do you guys use his covid adjusted erp or the trailing 12 month one that he publishes?
Duff & Phelps, then based on market cap
Dolorum similique labore libero facilis illum quos nihil. Alias laboriosam a iure dolore facilis pariatur accusamus. Omnis enim enim nostrum deleniti harum ducimus.
Qui praesentium molestias et veniam magni aut at. Quia est temporibus culpa vero nihil rerum officia sint. Eveniet et quis nihil officia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...