微信扫一扫
实时资讯全掌握
|
Joe Bates, CFA, has prepared a schedule of real cash flows for his company’s plant expansion. Bates generally uses the weighted average cost of capital to discount such cash flows, but in order to accurately determine the present value of those real cash flows, he should adjust the discount rate to reflect: A. the company’s cost of both debt and equity. B. expected changes in the market growth rate. C. expected inflation. |