The emergence of recent studies, resources, and scholarship has created something of an evolution to how appraisers understand and implement cost of capital techniques. Despite the age and ubiquity of this valuation tool, new questions are being asked about how best to derive and apply its constituent parts to arrive at a reasonable and defensible conclusion of value. Driving the way are new questions regarding the make-up and application of data resources; the relative validity of CAPM and build-up methods; the relationship of size, liquidity, and other variables; and how to apply these methods in the face of international economic turmoil, fluctuations to previously risk-free benchmarks, and new measures of equity risk.
In the Advanced Workshop on Cost of Capital, BVR welcomes BV hall of famers Kevin Yeanoplos and Ron Seigneur for an in-depth examination of the state of cost of capital determination. Through this intensive, four-hour presentation, Yeanoplos and Seigneur discuss what every appraiser should know in determining a cost of capital in today's economy, using all available information, and taking into account current controversies.
IMPORTANT: Each Training Pack includes an MP4 video file, MP3 audio file, complete transcript, slide presentation in PDF format, and additional reading materials when available. Please note that Training Packs can take up to 4 weeks after the webinar to complete. Once available you will receive an email with a special link to download your Training Pack. If you are ordering a Training Pack after the 4 week window, the download link will be sent to you immediately via email. Please check your spam folder and add email@example.com to your "safe list" to ensure you receive your Training Pack.