Acknowledged author Shannon P. Pratt wrote Cost of Capital, + Website: Applications and Examples (Wiley Finance) comprising 1344 pages back in 2014. Textbook and etextbook are published under ISBN 1118555805 and 9781118555804. Since then Cost of Capital, + Website: Applications and Examples (Wiley Finance) textbook was available to sell back to BooksRun online for the top buyback price of $34.48 or rent at the marketplace.
Completely revised for this highly anticipated fifth edition, Cost of Capital contains expanded materials on estimating the basic building blocks of the cost of equity capital, the risk-free rate, and equity risk premium. There is also discussion of the volatility created by the financial crisis in 2008, the subsequent recession and uncertain recovery, and how those events have fundamentally changed how we need to interpret the inputs to the models we use to develop these estimates.
The book includes new case studies providing comprehensive discussion of cost of capital estimates for valuing a business and damages calculations for small and medium-sized businesses, cross-referenced to the chapters covering the theory and data.
Cost of Capital, Fifth Edition puts an emphasis on practical application. To that end, this updated edition provides readers with exclusive access to a companion website filled with supplementary materials, allowing you to continue to learn in a hands-on fashion long after closing the book.