Reinvestment Rate Risk Analysis

Abstract

Offers an analytical tool that measures reinvestment rate risk. Expands the knowledge of the concept of reinvestment vis‐...‐vis the internal rate of return via the external rate of return. Concludes that investors should prefer investments that are less sensitive to reinvestment rate assumption than vice versa.

Citation

Crean, M.J. (1993), "Reinvestment Rate Risk Analysis", Journal of Property Valuation and Investment, Vol. 11 No. 2, pp. 145-154. https://doi.org/10.1108/14635789310031478