Question
To determine a company's economic moat rating, why is it important to determine if a company's returns on invested capital (ROIC) exceed its weighted average
To determine a company's economic moat rating, why is it important to determine if a company's returns on invested capital (ROIC) exceed its weighted average cost of capital (WACC) = economic profits?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
