About this document

Total Beta: Rethinking Cost of Capital by [email protected] is a document available to read on EtoBox.

The document discusses the challenges and theories surrounding the determination of the cost of capital, emphasizing the limitations of traditional factor models and advocating for the use of Total Beta and the Butler Pinkerton Calculator (BPC) as more empirical and transparent methods. It highlights the importance of empirical data in legal contexts and the issues with subjective measures of company-specific risk premiums. The authors argue for a market approach to developing a discount rate that accuratel

Author

[email protected]

Language

EN