Decision 42502
Served (printed as 9/13/2012) · Decision · Entire Board
DECISION FINDS THAT FOR 2011, THE CURRENT COST OF RAILROAD LONG-TERM DEBT WAS 3.97%; THE COST OF COMMON EQUITY WAS 13.57%; THE CAPITAL STRUCTURE MIX OF THE RAILROADS WAS 20.83% LONG-TERM DEBT AND 79.17% COMMON EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 11.57%.
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