Last week, James Harrington (Duff & Phelps) presented a free one-hour webinar that gave listeners an in-depth look at what's included in the new 2014 Valuation Handbook - Industry Cost of Capital and how appraisers can put it to work. This free webinar has been posted to BVR’s website. To access the webinar, click here.
The new resource provides the same rigorous industry-level analysis previously published in the green-cover Morningstar/Ibbotson Cost of Capital Yearbook. It includes cost of capital estimates (equity capital, debt capital, and WACC) for over 200 U.S. industries, plus detailed statistics for benchmarking purposes. New and noteworthy is the inclusion of additional methods to calculate cost of equity capital and extra statistics, enabling a more robust benchmarking analysis when developing industry cost of capital estimates.