Now in a Fourth Edition,

Cost of Capital brings together the issues in the cost of capital computation in a way that melds timely advice with serious debate about the best practices in the area. New chapters are included on reconciling various forms of the income, and on cost of capital for companies assessed as unitary businesses. Addressing the most controversial issues and problems in estimating the cost of capital, this definitive text is an indispensable reference tool for professional valuation practitioners, attorneys, judges, investment bankers, CFOs, and CPAs.