a. What are the likely consequences if a firm uses its WACC to evaluate all proposed investments?

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a. What are the likely consequences if a firm uses its WACC to evaluate all proposed investments?
b. What is the pure play approach to determining the appropriate discount rate? When might it be used?

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Related Book For  answer-question

Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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