Decision 43177
Served (printed as 8/2/2013) · Decision · Entire Board
DECISION FOUND THAT FOR 2012, THE CURRENT COST OF RAILROAD LONG-TERM DEBT WAS 3.29%; THE COST OF COMMON EQUITY WAS 13.40%; THE CAPITAL STRUCTURE MIX OF THE RAILROADS WAS 22.62% LONG-TERM DEBT AND 77.38% COMMON EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 11.11%.
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