Decision 39276
Served (printed as 9/26/2008) · Decision · Entire Board
DECISION FOUND THAT, IN 2007, THE RAILROAD INDUSTRY HAD AN AFTER-TAX COST OF CAPITAL OF 11.33%, BASED ON: (1) A CURRENT COST OF DEBT OF 6.15%; (2) A CURRENT COST OF COMMON EQUITY OF 12.68%; AND (3) A CAPITAL STRUCTURE MIX OF 20.68% DEBT AND 79.32% COMMON EQUITY.
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