47 CFR 65.304
§ 65.304 Capital structure.
United States · 47 CFR — Telecommunication · Status: effective
Cite this
- Citation
- 47 CFR 65.304, § 65.304 Capital structure, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/236304
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Full text
The proportion of each cost of capital component in the capital structure is equal to:
Proportion in the capital structure =
Where:
“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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.