BV555 Cost of Capital Navigator Case Study – A Deep Dive into the Theory vs. Practice Using the Latest Datasets

Class Date/Time

Wednesday, September 3, 2025
1:00pm-3:00pm Eastern Standard Time

Registration Includes

• Access to virtual webinar via zoom will be accessible via education dashboard (login required)
• Electronic webinar handout(s)*

*Any webinar handouts will be made available to registrants the morning of the live event and made accessible via your education dashboard (login required). Once handouts have been posted for download, the class is no longer refundable. 

Continuing Education (CE) Credit

This webinar will award 2.4 CE/CPE hour(s) for the live event. If you are a designated member of ASA, CE credit will automatically be entered into your record after you participate in the live webinar and complete any required post-webinar components within the Course Wrap-up section.  

NASBA and Continuing Professional Education (CPE) Credit

Policies: ASA's Refund and Cancellation Policy and ASA's Complaint Resolution Policy. ASA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.learningmarket.org

CPE Credit: Up to (2.4) CPE credits
Program Level: Intermediate
NASBA Knowledge Type: Specialized Knowledge
Delivery Method: Virtual
Prerequisites: None
Advanced Preparation: None 

Webinar Description

The Cost of Capital Navigator has been revamped to make it easier to access data, while providing new data sets that can be used together to improve cost of capital estimates. However, many valuation professionals are unaware on how those data sets can be used to estimate, benchmark or augment their cost of capital estimates in a cohesive manner. This session will help valuation professionals understand which cost of capital datasets are available in the U.S. Cost of Capital module of the Cost of Capital Navigator. We will walk through a case study on how these data sets can be used together. In addition, we walk through the study, we will provide the theory and methodologies behind certain inputs, which will help you support your own selections. This includes, a review of risk-free rates, equity risk premia, betas, industry risk premia, size premia, cost of debt, and capital structure.

Instructional Methods

Methods include lecture, visual PPT presentation and polling questions. 

Course Audience

In addition to traditional valuation professionals, this session will be valuable to corporate finance officers, CPAs who deal with either valuation for financial reporting, tax, litigation purposes or client valuations issues, and judges and attorneys who deal with valuation issues.

Learning Level 

Intermediate

Upon completion of this course, students will be able to:

• Identify where U.S. risk-free rate, equity risk premium, and size premium inputs are located and can be downloaded in the Cost of Capital Navigator;
• Describe the methods that can be used to estimate equity risk premium - Calculate industry risk premium by selecting different types of CAPM betas;  
• Differentiate between the Kroll CRSP Deciles Size Study and the Kroll Risk Premium Report when arriving at a size risk adjustment; 
• Identify the circumstances where the use of Deciles 10y and 10z may be appropriate when selecting a size premium;  
• Select a capital structure that is internally consistent with your standard of value and valuation purpose; and 
• Estimate the cost of equity for a distressed company.

eMaterials

All course materials included with you registration are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. All downloadable materials are accessible via your education dashboard (login required). Once eMaterials have been posted for download, the class is no longer refundable.

Accessing eMaterials

eMaterials are provided electronically in PDF format and posted to the class the morning of the live event and listed within the education dashboard for all registrants to securely access prior to the start of the webinar. When opting to print downloadable materials, it is recommended that settings be adjusted to print in black and white (or grayscale) and consider printing double-sided on recycled paper.

Certificate of Completion

A certificate of completion will be available to view and/or download immediately via your education dashboard once all required components are completed.