Decision 38919
Served (printed as 4/15/2008) · Decision · Entire Board
DECISION FOUND THAT, IN 2006, THE RAILROAD INDUSTRY HAD AN AFTER-TAX COST OF CAPITAL OF 9.94%, BASED ON: (1) A CURRENT COST OF DEBT OF 5.97%; (2) A CURRENT COST OF COMMON EQUITY OF 11.13%; AND (3) A CAPITAL STRUCTURE MIX OF 23.05% DEBT AND 76.95% COMMON EQUITY.
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