If bond money tends to be the least expensive cost of capital, why do we bother with

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If bond money tends to be the least expensive cost of capital, why do we bother with the WACC in project analysis? It seems like the cost of equity is hard to estimate, and maybe we are just guessing anyway. Why is WACC so popular?

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Financial Decision Making For Engineers

ISBN: 9780300192186

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Authors: Colin K. Drummond

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Question Posted: Apr 21, 2024 06:00 AM

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If bond money tends to be the least expensive cost of capital, why do we bother with

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There are a few good reasons why WACC remains a popular metric for project analysis despite some of ...View the full answer

Financial Decision Making For Engineers

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