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Risk Estimation in Practice
AUTHOR: LEONARD HYMAN
Simple waters system
Regulation and regulatory practices
The Netherlands
Modern Regulatory Finance: Utilities Cost of Capital Risk Estimation in PracticeThe purpose of Modern Regulatory Finance is to provide the regulatory, investment, financial, and legal communities with a complete, accurate, and easily understandable explanation of the contribution of financial theory toward solving the problem of estimating a company's cost of capital, particularly that of a regulated utility. Not only is modern financial theory transforming traditional approaches to cost of capital and capital structure
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