Examlex
Since the 1960s,the number of middle-class African Americans has sharply increased.
Pure Play Approach
Use of a WACC that is unique to a particular project.
WACC
Weighted Average Cost of Capital; a measure of a firm's cost of capital where each category of capital is proportionately weighted.
Capital
Refers to financial assets or their financial value, as well as the tangible factors of production that are used to create other goods and services.
After-Tax Cost
The actual cost of an expense or investment after taking into account the effects of taxes.
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