Journal of Property Tax Assessment & Administration
Abstract
This article discusses how to make adjustments for flotation costs when appraising utility companies by including the adjustment to the weighted average cost of capital or the discount rate.
First Page
71
Last Page
74
Keywords
Valuation of public utilities
Recommended Citation
Tegarden, T. K. (2008). The appraisal of public utilities: Adjustment to the WACC for flotation costs. Journal of Property Tax Assessment & Administration, 5(1), 71-74. Retrieved from https://researchexchange.iaao.org/jptaa/vol5/iss1/4
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