Titlebook: Corporate Valuation; A Practical Approach Benedicto Kulwizira Lukanima Textbook 2023 The Editor(s) (if applicable) and The Author(s), under

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An Overview of Capital Structure and Cost of Capital of capital are equity and debt—hence, capital providers (equity holders and debtholders) are investors who expect returns from a company. That is, a company ought to compensate its capital providers for sacrificing their funds—this compensation is the cost of capital. Therefore, “capital is not a c

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The Cost of Equity This model, despite its popularity, has practical limitations. Overall, estimating the cost of equity can be considered complex due to several reasons that are presented and discussed in this chapter.

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Estimating Growth Ratesows, an expected growth rate is required. However, growth rate is probably the most complex to estimate compared to other valuation variables. There are several reasons for this: the existence of numerous estimation approaches based on different growth concepts, analysts’ subjective decisions, which

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allude

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Brain-Waves

Oligarchy

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