SELECT FURTHER READINGS

 

Arditti, F.D. and H. Levy (1977). “The Weighted Average Cost of Capital as a Cut-off Rate: A Critical Analysis of the Classical Textbook Weighted Average”, Financial Management, 6 (Fall): 24–34.

Pratt, S.P. (1998). Cost of Capital: Estimates and Applications: New York: John Wiley & Sons.

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