Keywords
discount rates, distressed industries, capital costs
Abstract
This study addresses the procedure for determining discount rates for properties in industries under stress. A simple example with fixed and variable costs, which could represent a company in any of these industries, is used to demonstrate the difficulties of using standard approaches for estimating cost of capital.
Original Publication Citation
H.B. Heaton. "Determining Discount Rates for Valuing Properties in Distressed Industries," Journal of Property Tax Assessment and Administration, Volume 3, #2 (Fall 26), pp53-6.
BYU ScholarsArchive Citation
Heaton, Hal B., "Determining Discount Rates for Valuing Properties in Distressed Industries" (2006). Faculty Publications. 988.
https://scholarsarchive.byu.edu/facpub/988
Document Type
Peer-Reviewed Article
Publication Date
2006-01-01
Permanent URL
http://hdl.lib.byu.edu/1877/2703
Publisher
University of Ulster
Language
English
College
Marriott School of Management
Department
Finance
Copyright Status
© 2006 University of Ulster.
Copyright Use Information
http://lib.byu.edu/about/copyright/