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Which of the following is NOT a step in the WACC valuation method? A. Determine the free cash flow of the investment. B. Compute the
Which of the following is NOT a step in the WACC valuation method? A. Determine the free cash flow of the investment. B. Compute the weighted average cost of capital. C. Adjust the WACC for the firm's current debt/equity ratio. D. Compute the value of the investment, including the tax benefit of leverage, by discounting the free cash flow of the investment using the WACC
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