The WACC approach does not require knowledge of ________ tax rates.This fact is important because in practice,estimating the marginal tax rate of the ________ can be very difficult.

Question

Quizplus · Accepted Answer

The WACC (Weighted Average Cost of Capital) approach does not require knowledge of investors' tax rates. This is significant because estimating the marginal tax rate of the investor can indeed be challenging in practical scenarios.

The WACC Approach Does Not Require Knowledge of ________ Tax