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March 18, 2026The Accounting Review

The Cost of Capital to a Public Utility. (Book).

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Authors

ESEarl A. SpillerHBHarold BiermanCornell University

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Implication

Book review discusses financial analyses of public utilities' capital costs and implications for management.

Key Points

  • The review aims to evaluate the key concepts presented in Myron J. Gordon's book regarding capital costs in public utilities.
  • Reviewing the book's key themes and arguments
  • Analyzing financial implications for public utility management
  • Assessing the relevance of investment returns and interest rates
  • Highlights the importance of understanding cost of capital in managing public utilities
  • Discusses the influence of interest rates on financing decisions
  • Emphasizes the need for accurate financial analysis in utility operations

Cite This Study

Spiller et al. (1975) studied this question.

synapsesocial.com/papers/69ba428e4e9516ffd37a2dd2https://doi.org/10.2308/tar-4506367
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Cost of Capital: Estimating the Rate of Return for Public Utilities (Book).1986
  2. 2The Cost of Capital.1970
  3. 3The Investment, Financing, and Valuation of the Corporation (Book).1963
  4. 4Public Utility Finance (Book).1928
  5. 5Principles of Public Utility Rates (Book).1962