Calculating the cost of capital A Revisionist's Appraisal

Glenn Boyle ()

No 374902, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: In determining the viability of any business investment, one of the most crucial factors is the cost of capital used. Financial economists long ago devoted considerable time and energy to identifying the cost of capital, a process that resulted in a 30 year consensus. That consensus is now beginning to fall apart. Glenn Boyle, Professor of Finance at Otago University, explains why.

Date: 2004-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ojs.victoria.ac.nz/crt/article/view/3749

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:374902

Access Statistics for this paper

More papers in Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation Contact information at EDIRC.
Bibliographic data for series maintained by Library Technology Services ().