Esty, Benjamin C., and E. Scott Mayfield. "The Weighted Average Cost of Capital (WACC): Derivation, Intuition, and Applications." Harvard Business School Technical Note 221-106, June 2021.
The most important of these is the weighted average cost of capital (WACC) and the FCFF. Firms rely on the WACC to estimate the weighted cost of all sources of capital. It's a way to allow ...
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