Will the deflated WACC please stand up? And the real WACC should sit down
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KeywordsWeighted average cost of capital; WACC; firm valuation; capital budgeting; deflated WACC; real WACC; inflation;
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
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