weighted average cost of capital, which represents a rate that can be used to evaluate projects that have average company risk.
"I need to know whether Edy should launch this premium Dreamery line of ice cream, and I'll need to discount its projected cash flows using our WACC"
"I looked it up on urbandictionary.com and found that someone actually has posted the real definition of WACC: weighted average cost of capital!"
-Goizueta Business School professor
11👍 6👎
student from Emory University, rich snob school of the north (but in atlanta)
Druid Hills resident: "I hate those damned even richer-than-me emoroids driving around here drunk in their new BMWs and Mercedes."
17👍 4👎