||Estimation of the cost of capital for major United States industries with application to pollution control investments /
Pogue, Gerald A.
||Bernard M. Baruch Coll., New York. Dept. of Finance and Economics.;Environmental Protection Agency, Washington, D.C. Office of Planning and Evaluation.
|| Reproduced by National Technical Information Service,
||EPA 230-3-76-001; EPA-68-01-2848
Corporations--United States--Finance. ;
Pollution--Economic aspects--United States. ;
Capitalized costs ;
Market value ;
Cost estimates ;
Control equipment ;
Economic forecasting ;
Working capital ;
Economic models ;
||Most EPA libraries have a fiche copy filed under the call number shown. Check with individual libraries about paper copy.
||1 volume (various pagings) : illustrations ; 30 cm
The study estimates the historical and current costs of equity and total capital faced by firms by six major U.S. industries. In estimating equity costs, traditional DCF and the capital asset pricing model approaches have been used. The estimates are extrapolated into the future, under the assumption that future values will reflect an average of past risk premiums, and a methodology specified that can be used to measure the financial impact on firms of investments in pollution control equipment.
Includes bibliographical references.