Opinion ID: 2604259
Heading Depth: 1
Heading Rank: 14

Heading: Overall capitalization rate

Text: This court's calculations of the weighted average costs of capital for the two assessment years are as follows: 1983 1984 % of % of Capital Weighted Capital Weighted Rate Structure Rate Rate Structure Rate Equity 17.0% 66.0% 11.22% 16.0% 67.0% 10.72% Debt: Equipment Trusts 13.62% 20.0% 2.72% 11.86% 20.0% 2.37% Funded 13.63% 14.0% 1.91% 12.51% 13.0% 1.63% _______ ______ 15.85% 14.72% The weighted average cost of capital used by the court in calculating the value of UP under the income indicator of value for the 1983 assessment date is 15.85 per cent. The weighted average cost of capital used by this court in calculating the value of UP under the income indicator of value for the 1984 assessment date is 14.72 per cent.