18:30 - 21:00
Industries are divided about how best to calculate the cost of capital and where the balance lies between customers and investors. To what extent is the way that the WACC is calculated effective? Over what time horizon should it be estimated? What account should be taken of leverage? Should a more dynamic system be considered in case of a significant change in interest rates?
Speaker: Stephen Wright, Professor of Economics, Birkbeck University of London
Respondent: Nigel Hawkins, Analyst, Hardman & Co
For more information on the Beesley Lecture Series 2019, click here.