Updated Cost of Capital Permits Serious Debate and Application of Alternatives

Business Valuation UpdateVol. 14 No. 5
Data and Publications Update
May 2008

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Summary

Note: The following is the foreword by Aswath Damodaran (NYU Stern School of Business) to the newly released Cost of Capital, 3rd edition (Wiley, 2008), by Shannon Pratt and Roger Grabowski. Given the central role of cost of capital in discounted cash f ...