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(16 pts) 3. Go to gurufocus.com to find the weighted average cost of capital for NVIDIA Corporation (NVDA) Required: a) Explain how the WACC

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(16 pts) 3. Go to gurufocus.com to find the weighted average cost of capital for NVIDIA Corporation (NVDA) Required: a) Explain how the WACC is calculated. b) Explain the WACC in the context of a hurdle rate, return on invested capital (ROIC), an optimal capital structure, and an optimal capital budget.

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