Part II: Appraiser vs. Real-World Debates: The Case for Using Private Capital Markets Data

BVResearch Pro
American Society of Appraisers Business Valuation Review™
Summer 2016 Volume 35, Issue 2 pp. 40-51
John K. Paglia, PhD, CFA, CPA
cost of capital

Summary

In the 1st part of this series we focused on how appraisers and the real world have such differing views on ‘costs of capital,’ ‘capital access,’ and, thus, valuation. In Part I, entitled “Appraisers vs. Real World Debates: How many appraisers can dance on the head of the private capital market?,” I referenced that there is a considerable gap between reality and the hypothetical, which further limits the strategic value of business appraisals. In this article, we offer insights, data, and approaches to make cost of capital development more relevant.
Part II: Appraiser vs. Real-World Debates: The Case for Using Private Capital Markets Data
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