Question: Question 7 (6 points) Short Question 1 (6 points) Provide clear and concise answer to the following question. [150 words limit, approximately 10 lines at

Question 7 (6 points) Short Question 1 (6 points)

Provide clear and concise answer to the following question. [150 words limit, approximately 10 lines at 12pt. in a standard size sheet.]

For most private businesses, the WACC is not an adequate method to evaluate investments, even if it is feasible to find publicly traded firms in the same line of business. Explain why.

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