New Regulatory Finance is an invaluable text for economists, accountants, CFOs, attorneys, regulators, or anyone involved in capital-related decisions. Written by a preeminent professor of finance who has testified on corporate finance and cost-of-capital issues before numerous regulatory agencies, the book reflects on the changes in the utility industry and associated impacts on capital markets.

New Regulatory Finance takes often-complex subject matter and transforms it into terms more easily understood. Drawing on case studies and examples, it helps take the mystery out of estimating a company's cost of capital and deriving an optimal capital structure.

Areas covered include: Rate of Return Regulation, Risk and Return, Risk Estimation in Practice, Discounted Cash Flows, DCF Application, Floatation Cost Adjustment, Alternative DCF Models, DCF Applications and Comparable Groups, Reflection on Cost of Capital Methodology, Market-to-Book And Q-Ratios, Risk Premium, Capital Asset Pricing Model, CAPM Extensions, Divisional Cost of Capital and CAPM Applications, Arbitrage Pricing Model, Comparable Earnings, Weighted Average Cost of Capital, Capital Structure Issues, Optimal Capital Structure, Double Leverage, Alternative Regulatory Frameworks and more.

Details and Features:

AUTHOR: ROGER MORIN

AVAILABILITY: This title usually ships within 1 to 2 weeks.

This book includes CD-ROM containing spreadsheets, worksheets and formulas.

ISBN: 978-0910325-0-59
7 x 10 inches
Hard cover
575 pages
(c) 2006

Table of Contents:

PREFACE
Chapter 1: Rate of Return Regulation
Chapter 2: Risk and Return
Chapter 3: Risk Estimation in Practice
Chapter 4: Risk Premium
Chapter 5: Capital Asset Pricing Model
Chapter 6: Alternative Asset Pricing Models
Chapter 7: Divisional Cost of Capital and CAPM Applications
Chapter 8: Discounted Cash Flow Concepts
Chapter 9: Discounted Cash Flow Application
Chapter 10: Flotation Cost Adjustment
Chapter 11: Alternative DCF Models
Chapter 12: Market-to-Book and Q-Ratios
Chapter 13: Comparable Earnings
Chapter 14: Cost of Capital Applications and Comparable Groups
Chapter 15: Reflections on Cost of Capital Methodologies
Chapter 16: Weighted Average Cost of Capital
Chapter 17: Utility Capital Structure Issues and Applications
Chapter 18: Optimal Capital Structure
Chapter 19: Double Leverage
Chapter 20: Alternative Regulatory Frameworks
List of Frequently-Used Equations
Index