The cost of capital project aims to understand how firms’ perceived cost of capital and their discount rates are determined, develop over time, and influence corporate investment. Please find data on these metrics below.

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Firm-level data: dta file, csv file. Please see this note for details.

Data Visualizations

Implied Risk Premium For Factors
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Perceived cost of debt: firm's internal estimate of its cost of debt

Perceived cost of capital: firm's internal estimate of its weighted average cost of capital

Discount rate: firm's required return on investment