How does the valuation of a firm vary from the valuation of a project using WACC?
Select one:
a. The WACC must be set equal to RM when valuing a firm
b. A terminal value is included in the valuation process for a firm but generally not for a project
c. Book values are used as the weights for WACC when valuing a firm
d. Debt and equity weights are set equal for WACC when valuing a firm
e. Debt is not adjusted for taxes when computing the WACC for a firm valuation