Why would a firm use its weighted-average cost of capital as the hurdle rate (minimum rate) for

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Why would a firm use its weighted-average cost of capital as the hurdle rate (minimum rate) for a project investment decision, rather than the specific marginal cost of funds?
Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of...
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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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