If a firm anticipates financing a project with a capital mix different than its current capital structure,

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If a firm anticipates financing a project with a capital mix different than its current capital structure, describe in realistic terms how the firm is subjecting itself to a calculation error if its historical WACC is used to evaluate the project.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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