Surface Transportation Board October 4, 2019 – Federal Register Recent Federal Regulation Documents

Revisions to the Board's Methodology for Determining the Railroad Industry's Cost of Capital
Document Number: 2019-21590
Type: Proposed Rule
Date: 2019-10-04
Agency: Surface Transportation Board, Department of Transportation
The Board proposes to incorporate an additional model to complement its use of the Morningstar/Ibbotson Multi-Stage Discounted Cash Flow Model (MSDCF) and the Capital Asset Pricing Model (CAPM) in determining the cost-of-equity component of the cost of capital.