In question 18 you calculated a WACC for Phillips Petroleum. Phillips could also use an industry WACC.

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In question 18 you calculated a WACC for Phillips Petroleum. Phillips could also use an industry WACC. Under what conditions would the industry WACC be the better choice? Explain.

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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Question Posted: Jun 09, 2011 04:34 AM

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In question 18 you calculated a WACC for Phillips Petroleum. Phillips could also use an industry WACC.

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Principles of Corporate Finance

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