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Table 2 EVA Valuation Model under Constant Required Return

From: Does the EVA valuation model explain the market value of equity better under changing required return than constant required return?

 RR2Adjusted R2F-ValueD-WSig.
Large Cap
 20130.7540.5680.56176.4041.5460.000
 20080.7130.5080.50168.2621.4260.000
 20030.8820.7780.775217.811.7410.000
Mid Cap
 20130.4710.2280.21720.7231.5590.000
 20080.6510.4240.41760.3901.8160.000
 20030.8320.6920.688170.891.6260.000
Small Cap
 20130.4290.1840.17114.6452.1390.000
 20080.5210.2720.26125.361.940.000
 20030.6930.480.47260.972.120.000
  1. Note: Table 3 reports the result of regression analysis between market value of equities and expected market value of equities of large cap, mid cap, and small cap companies determined by EVA based valuation model with a varying required return