There is kept there a thing more precious thangold . . . the right arm of St. Oswald . . . This we haveseen with our own eyes and have kissed, and have handledwith our own hands. . . . There are kept here alsopart of his ribs and of the soil on which he fell. Why was the arm of St. Oswald preserved as a relic?
Corporate Finance for CFA Session 02 1 Cost of Capital Master 1 AFI/CFA Skema Business School Professeur Sébastien DEREEPER LOS a: Calculate and interpret the weighted average cost of capital (W ACC) of a company. 2 The weighted average cost of capital, or WACC, is calculated using weights based on the market values of each component of a firm's capital structure and is the correct discount rate to use to discount the cash flows of projects with risk equal to the average risk of a firm's projects. W ACC = (w )(k )(1 − t) + (w )(k ) + (w )(k ) d d ps ps ce ce LOS b : Describe how