Question: Please give written response this is for an open ended. 3. Define capital structure and WACC. Describe how WACC can be used for both project

 Please give written response this is for an open ended. 3.
Please give written response this is for an open ended.

3. Define capital structure and WACC. Describe how WACC can be used for both project and company valuation. Under what circumstances is it inappropriate to use WACC to evaluate a project's cash flows

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