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. Go to gurufocus.com to find the weighted average cost of capital for 3M Company (MMM). Required: Explain how the WACC is calculated. Explain the

. Go to gurufocus.com to find the weighted average cost of capital for 3M

Company (MMM).

Required:

Explain how the WACC is calculated.

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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