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SELECTED CONCEPT QUESTIONS What is the primary determinant of the cost of capital for an investment? What are two approaches to estimating the cost of
SELECTED CONCEPT QUESTIONS
What is the primary determinant of the cost of capital for an investment?
What are two approaches to estimating the cost of equity capital?
Why is the coupon rate a bad estimate of a firm's cost of debt?
Under what conditions is it correct to use the WACC to determine NPV
What are the likely consequences if a firm uses its WACC to evaluate all proposed investments?
Why do you think we might prefer to use a ratio when calculating the terminal value when we do a firm valuation?
What are flotation costs?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th International Edition
0321552113, 9780321552112
