Tim Ogier, Tim Ogier is a Partner at PricewatherhouseCoopers and leads the UK Economic Advisory Services team.
John Rugman, John Rugman is the Director who leads the PwC Financial Economics team.
Lucinda Spicer, Lucinda Spicer is a Partner and the former head of the UK Valuation and Strategy practice at PricewaterhouseCoopers.

Publisher: Financial Times Press
Copyright: 2004
Format: Paper; 320 pp

ISBN-10:	027368874X
ISBN-13:	9780273688747

Our Price: £39.99
Status: Instock
Published: 01 Jul 2004

The cost of capital is the fundamental financial tool for decision-making. It is an area of finance in which the business realities that executives face bear little resemblance to the theories that they may have studied. This book is here to help the business world to use the cost of capital for real.

Author's acknowledgements

Publisher's acknowledgements

Prologue: The cost of capital world is a real world

Chapter 1: Risk and Return Revisited

Chapter 2: CAPM @ Work

Chapter 3: The Great EMRP Debate

Chapter 4: CAPM is Dead: Long Live CAPM

Chapter 5: The Cost of Debt and Optimal Capital Structure

Chapter 6: International WACC and Country Risk

Chapter 7: Cash Flows, the Dot.Com Bubble, and All That

Chapter 8: Using the Cost of Capital in Business Valuations

Chapter 9: International Valuation and Appraisal

Chapter 10: Premia and Discounts

Epilogue

Index

The first practical guide to using cost-of-capital in real-world business and investment decision-making.

• Helps financial professionals choose -- and use -- the most appropriate techniques for their specific applications and environments.
• Includes detailed coverage of cost-of-capital in international environments -- a crucial topic many books ignore.
• By a world-class team of PriceWaterhouseCoopers experts in cost-of-capital and business valuation.