Updated and published in 2006, New Regulatory Finance is an invaluable text for economists,
accountants, CFOs, attorneys, regulators, or anyone involved in capital-related decisions.
Written by a preeminent professor of finance who has testified on corporate finance and
cost-of-capital issues before numerous regulatory agencies, the book reflects on the changes in
the utility industry and associated impacts on capital markets.
New Regulatory Finance takes often-complex subject matter and transforms it into terms
more easily understood. Drawing on case studies and examples, it helps take the mystery out
of estimating a company's cost of capital and deriving an optimal capital structure.
Areas covered include: Rate of Return Regulation, Risk and
Return, Risk Estimation in Practice, Discounted Cash Flows,
DCF
Application, Floatation Cost Adjustment, Alternative DCF Models,
DCF Applications and Comparable Groups, Reflection on Cost of
Capital Methodology, Market-to-Book And Q-Ratios, Risk Premium,
Capital Asset Pricing Model, CAPM Extensions, Divisional Cost
of Capital and CAPM Applications, Arbitrage Pricing Model, Comparable
Earnings, Weighted Average Cost of Capital, Capital Structure
Issues, Optimal Capital Structure, Double Leverage, Alternative
Regulatory Frameworks and more.
Includes CD-ROM containing spreadsheets, worksheets and formulas
AVAILABILITY: This title usually ships within 1 to 2 weeks.
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Public
Utilities Fortnightly & Spark
