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The firms WACC is: Set by the Board of Directors because it is the benchmark they use to evaluate upper management. Regulated by the IRS
- The firms WACC is:
- Set by the Board of Directors because it is the benchmark they use to evaluate upper management.
- Regulated by the IRS because tax-deductible debt is included in the computation
- Determined by the financial markets because investors provide the funds used by firms and these funds have costs, which are the return demanded by investors.
- The same as the firms IRR
- The total NPV of all the capital budgeting projects in which the firm invests in any year.
- Set by the Board of Directors because it is the benchmark they use to evaluate upper management.
- Regulated by the IRS because tax-deductible debt is included in the computation
- Determined by the financial markets because investors provide the funds used by firms and these funds have costs, which are the return demanded by investors.
- The same as the firms IRR
- The total NPV of all the capital budgeting projects in which the firm invests in any year.
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