This Is A Four Part Question 1 Explain What Wacc Is 2 Why Not Use A Single Hurdl

This is a four part question:

1. Explain what WACC is.

2. Why not use a single hurdle rate in analyzing all of a firm’s potential investments?  

3. What are some other potential hazards when using discounted cash flow techniques in investment appraisals?

4. Give an example of a scenario where using these types of flow techniques would be inaccurate or otherwise hazardous. 

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