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When calculating the WACC, what does it mean for it to be negative? For example: *risk free rate of return is 3 *DSES Index is
When calculating the WACC, what does it mean for it to be negative?
For example:
*risk free rate of return is 3 *DSES Index is -4.02% *Firm return above DSES Index is 70% *Beta is 1.7 *WACC is -8.93%
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Fundamentals Of Financial Management
Authors: James C Van Horne
3rd Edition
0133393410, 978-0133393415
