Political Imaginaries of the Weighted Average Cost of Capital: A Conceptual Analysis
This article analyzes the formulation of the “weighted average cost of capital” in the manuals of two of the most influential associations of financial analysts. It focuses on the use of the formula as the discount rate to determine the “fundamental value” of listed companies using the “discounted c...
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| Format: | Article |
| Language: | English |
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Linköping University Electronic Press
2022-01-01
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| Series: | Valuation Studies |
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| Online Access: | https://valuationstudies.liu.se/article/view/97 |