How does the valuation of a company vary from the valuation of a project using WACC?

Question

Quizplus · Accepted Answer

The valuation process for a company generally includes the calculation of a terminal value, which represents the expected value of the company beyond the projected time horizon. In contrast, the valuation of a project typically does not involve the calculation of a terminal value. The other options are incorrect as book values are not necessarily used as weights for WACC, debt and equity weights are usually not set equal when valuing a company, debt is adjusted for taxes when computing WACC for a company valuation, and there is no set rule that WACC must be equal to R_M when valuing a company.

How Does the Valuation of a Company Vary from the Valuation