You are determining whether your company should undertake a new project and have calculated the NPV of
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You are determining whether your company should undertake a new project and have calculated the NPV of the project using the WACC method when the CFO, a former accountant, notices that you did not use the interest payments in calculating the cash flows of the project. What should you tell him? If he insists that you include the interest payments in calculating the cash flows, what method can you use?
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Corporate Finance
ISBN: 978-0077861759
11th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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