ST Alpha - "6% is actually a reasonable rate to use. back when I was still some sort of economist it was the average cost of capital over the last century or so." (Reading a Post)

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In response to "well, assuming a 6% interest rate, which most people don't get these days. -- nm" by loosilu

6% is actually a reasonable rate to use. back when I was still some sort of economist it was the average cost of capital over the last century or so.

Posted by mafic Nov 16 '11, 07:47

6% was the base rate we used for *everything*.

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