Category: Business Valuation
Continuing Education: 8.5
Please see the "Upcoming Classes" tab for class offerings and registration information.
NASBAThis course has not yet received approval from
NASBA for continuing professional education (CPE) credits. An application for
CPE credits is currently pending. Please note: NASBA does not allow for retroactive or partial credit. CPEs will
only be awarded after an approval has been granted.
In this OnDemand course, Roger J. Grabowski, FASA presents an up-to-date look at
the cost of capital. This course is designed around Grabowski's publication, The
Cost of Capital, 4th edition published in 2010 with co-author Shannon P. Pratt, FASA. Certain topics and areas are expanded upon
in this course since updated material has been gathered since publishing.
Many practitioners are unaware of criticisms made of the most widely used
methods for estimating Cost of Capital. This course will address quite a few of
these criticisms in more depth:
This course also examines
widely used sources of data (e.g., SBBI Yearbook, Duff & Phelps’ Risk Premium Report, etc.) to
understand how data are developed, how to correctly use the data and criticisms
of the data. Participants will explore current literature looking for
the answers to questions such as:
Other cost of capital issues are also discussed in this course, such as:
estimating returns for troubled companies and estimating returns for
pass-through entities (e.g.,"S" corporations).
Business appraisers wanting a better understanding of
current thinking with regard to cost of capital concepts should attend this
There is no available agenda for this
Upon completion of this course,
students will be able to: