Hitchner v. Damodaran on Inputs to the Cost of Capital

Business Valuation UpdateVol. 28 No. 9
September 2022
valuation methods & approaches
cost of capital, economic forecast, Aswath Damodaran, projections, economic conditions

Summary

Jim Hitchner (Valuation Products and Services) responds to some severe criticisms Aswath Damodaran (New York University Stern School of Business) made during a BVR webinar about certain inputs to the cost of capital. Hitchner also offers some best practices and a handy tool to use as a reasonableness check on your cost of capital estimate.