In what sense is a firms WACC also the rate of return that should be earned on

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In what sense is a firm’s WACC also the rate of return that should be earned on its investments?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Question Posted: Nov 24, 2014 09:22 AM

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In what sense is a firms WACC also the rate of return that should be earned on

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Because the WACC represents the cost of raising funds and the firm mu...View the full answer

Principles of Finance

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