What kinds of errors can be made when the WACC for a firm is used as the

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What kinds of errors can be made when the WACC for a firm is used as the discount rate for evaluating all projects in the firm?

Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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