Why Do We Use Market Values Rather Than Book Values

question 71

Essay

Why do we use market values rather than book values in calculation of WACC?

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Definitions:

Tassili n'Ajjer

A plateau in the Sahara desert, located in southeast Algeria, famed for its prehistoric rock art and dramatic landscapes.

Supernatural Beings

Entities that exist beyond or without the natural world, often possessing powers or characteristics beyond what is physically possible.

Kuba Ndop Figures

Carved wooden statues from the Kuba Kingdom in Central Africa, representing the spirits of kings or notable individuals, often used in rituals and as guardians.

Sapi Saltcellars

Intricately carved saltcellars made by the Sapi people of West Africa during the late Middle Ages, highly valued for their craftsmanship and artistry in the European trade market.