GroundRules
47 CFR 65.304: Capital structure.
Where this section sits in the code
- Title 47—Telecommunication
- CHAPTER I—FEDERAL COMMUNICATIONS COMMISSION
- SUBCHAPTER B—COMMON CARRIER SERVICES
- PART 65—INTERSTATE RATE OF RETURN PRESCRIPTION, PROCEDURES, AND METHODOLOGIES
- Subpart C—Exchange Carriers
The proportion of each cost of capital component in the capital structure is equal to:
Proportion in the capital structure =
Where:
“Book Value of particular component” is the total of the book values of that component for all local exchange carriers with annual revenues equal to or above the indexed revenue threshold as defined in § 32.9000.
“Book Value of Debt + Book Value of Preferred Stock + Book Value of Equity” is the total of the book values of all the components for all local exchange carriers with annual revenues equal to or above the indexed revenue threshold as defined in § 32.9000.
The total of all proportions shall equal 1.00.
Collected 2026-08-27T02:26:28Z. Source file · JSON