Difference between cost of capital and wacc

Reference no: EM13115807

What is the difference between "Cost of Capital" and "Weighted Average Cost of Capital (WACC)"? Why is this difference important? Why do firms calculate WACC? Why is this number important?

Describe the following terms and their relative importance to stock issues: IPO, underwriter, spread, prospectus, underpricing.

Reference no: EM13115807

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