When discounting cash flows to find firm value in the FCFF model, which WACC should you use? In Schweser they say to use the short-term growth WACC in an example - is this always the case?
When discounting cash flows to find firm value in the FCFF model, which WACC should you use? In Schweser they say to use the short-term growth WACC in an example - is this always the case?