Decision 34226
Served (printed as 12/11/2003) · Decision · Entire Board
INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2003, SOLICITING COMMENTS ON: (A) THE RAILROADS' 2003 CURRENT COST OF DEBT CAPITAL; (B) THE RAILROADS' 2003 CURRENT COST OF PREFERRED STOCK EQUITY CAPITAL; (C) THE RAILROADS' 2003 COST OF COMMON STOCK EQUITY CAPITAL; AND (D) THE 2003 CAPITAL STRUCTURE MIX OF THE RAILROAD INDUSTRY ON A MARKET VALUE BASIS.
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