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a. Explain the description and show examples of the following terms completely and clearly: implicit financial costs, explicit financial costs, private financial markets, public financial

a. Explain the description and show examples of the following terms completely and clearly: implicit

financial costs, explicit financial costs, private financial markets, public financial markets and cost of

capital!

b. Explain what is called venture hubris and in the equation rv = re + AP + LP + HPP, show it

which venture hubris and give your opinion if COGS is of great value?

c. Explain the relationship between WACC and EVA! demonstrate by providing a complete analysis

and clearly what happens to EVA when the WACC is low and the WACC is high?

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