|
- UID
- 222321
- 帖子
- 677
- 主题
- 10
- 注册时间
- 2011-7-2
- 最后登录
- 2016-4-19
|
Sorry to bring this up again. This section is using the following formula:
WACC = risk free rate + asset beta * market risk premium
I have never seen this formula before. Usually its
WACC = cost of equity * E/(D+E) + cost of debt *(1-t) * D/(D+E)
and
Cost of equity = risk free rate + equity beta * market risk premium
The WACC formula used in this section seems to ignore the cost of debt entirely.
Any comments? |
|
发表于 2011-7-13 16:12
|