Cost of capital
Subtitle: applications and examples
By: Shannon P. Pratt, Roger J. Grabowski.
Contributors: Grabowski, Roger J.
Edition: 3rd ed.
Publisher: John Wiley & Sons, Inc.
Published: 2008
Place of publication: Hoboken, N.J
Language: eng
ISBN-13: 9780470171158
Subjects: Capital investments; Business enterprises -- Valuation; Capital investments -- United States; Business enterprises -- Valuation -- United States
Notes: "Published simultaneously in Canada."

Previous editions had subtitle: Estimation and applications.

Includes bibliographical references and index.
Table of contents: title: Cost of capital basics; title: Defining cost of capital; title: Introduction to cost of capital applications: valuation and project selection; title: Net cash flow: the preferred measure of return; title: Discounting versus capitalizing; title: Relationship between risk and cost of capital; title: Cost components of a company's capital structure; title: Weighted average or overall cost of capital; title: Appendix 7.1: Iterative process using CAPM to calculate the cost of equity component of the weighted average cost of capital: constant capital structure; title: Appendix 7.2: Iterative process using CAPM to calculate the cost of equity component of the weighted average cost of capital: changing capital structure; title: Estimating the cost of equity capital "as if publicly traded"; title: Equity risk premium; title: 8.1 Appendix; title: Build-up models; title: Capital asset pricing model (CAPM); title: Proper use of beta; title: Criticisms of CAPM and beta versus other risk measures; title: Size effect; title: Criticisms of size effect; title: 14.1 Appendix: D&P risk study; title: Alternative models to the build-up and capm models; title: FAMA-French, APT, market derived capital pricing model, yield-spread model; title: DCF method; title: Global cost of capital models; title: Using Morningstar/Ibbotson Associates cost of capital data; title: Corporate financial officers- using cost of capital data; title: Capital budgeting and feasibility studies; title: Cost of capital for divisions/reporting units; title: Cost of capital in valuing acquisition/merger; title: Cost of capital in transfer pricing; title: Cost of capital in economic value added financial management system; title: Cost of capital for closely-held entities; title: Handling the discount for lack of marketability for operating businesses; title: The private company discount; title: Pass-through entities: partnerships lLCs and S Corps; title: 27.1 Appendix; title: Private investment companies; title: Venture capital investments; title: Other topics; title: Minority versus control implications of the cost of capital data; title: How cost of capital relates to excess earnings method; title: Adjusting the discount rate to alternative economic income measures; title: Equivalence with alternative cash flow methods for valuing companies; title: Common errors in estimation and use of cost of capital; title: Cost of capital in the courts; title: Real estate and ad Valorem; title: Cost of capital for real estate investments; title: 36.1 Appendix: valuing real property; title: REITs; title: 37.1 Appendix: Cost of capital in Ad Valorem taxation; title: Advice to practitioners; title: Dealing with cost of capital issues: advice from the authors; title: Cross examining experts on cost of capital; title: Appendices; title: Appendix A: bibliography; title: Appendix B: data sources; title: Appendix C: international glossary of business valuation terms; title: Appendix D: Roger Grabowski's cost of capital section in Kohler report; title: Appendix E: developing cost of capital (capitalization rates and discount rates) using valusource valuation software; title: Index.