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Which of the following statements about WACC is TRUE? SElect all that apply. a. it should be adjusted up when used as the hurdle rate

Which of the following statements about WACC is TRUE? SElect all that apply.

a. it should be adjusted up when used as the hurdle rate for risky projects

b. changes in the WACC are completely outside the firms control

c. it serves as the discount rate in corporate valuation models

d. firms capital structure is calculated from the book values of debt and equity

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