CFA provides a lot of data for each question especially in FSA, Corp Fin. For eg, if you want to calculate EVA, it provide WACC and Return on Equity. We know that we should use WACC. Should we provide a list of those.
Nope. The formula for EVA says nothing about ROE, remember the formula and you’ll know which to use.
It depends on what you are calculating If you are calculating firm value, then use WACC If stockholder’s value, then use return on equity.