Explain when firms should discount projects using the cost of equity. When should they use the WACC

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Explain when firms should discount projects using the cost of equity. When should they use the WACC instead? When should they use neither?

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Question Posted: Mar 26, 2015 06:39 AM

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Explain when firms should discount projects using the cost of equity. When should they use the WACC

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Only firms with no debt in their capital structure ...View the full answer

Introduction to Corporate Finance What Companies Do

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