Responsive Essay
Book: Corporate Finance, The Core (3rd Edition), 3rd ISBN: 978-0133097894
1. When should the WACC and the APV be used? How do personal taxes affect the use of these two methods? Use examples when explaining your answer. (Minimum 900 words)
2. Explain the use of IRR and cash multiples as alternative valuation metrics, and discuss the drawbacks of those methods. In your answer, include how sensitivity analysis affects the evaluation process. (Minimum 900 words)