Discussion
Text book: Michael C. Ehrhardt (2017). Corporate finance (6th edition). Boston:CengageL.
Discuss the advantages and limitations of using the weighted average cost of capital (WACC) as a discount rate to evaluate capital budgeting projects. How is the WACC method used for valuing businesses? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.