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Please critically comment on the following sentence (with a maximum of 500 words): Weighted Average Cost of Capital (WACC) is too complicated and not useful
Please critically comment on the following sentence (with a maximum of 500 words):
Weighted Average Cost of Capital (WACC) is too complicated and not useful for financial management as we should only calculate the cost of borrowing/debt since we do not have to pay our shareholders any dividends if we choose to.
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