Railroad Cost of Capital1998

Zusammenfassung

The Board is instituting a proceeding to determine the railroad industry's cost of capital for 1998. The decision solicits comments on: (1) the railroads' 1998 cost of debt capital; (2) the railroads' 1998 current cost of preferred stock equity capital; (3) the railroads' 1998 cost of common stock equity capital; and (4) the 1998 capital structure mix of the railroad industry on a market value basis.