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1. Outline the basic formula for the weighted average cost of capital and explain how it is used in the capital budgeting process. your answer should be in your own words.

2 What ae the key strengths and weaknesses of the Net Present value method as=o assessing capital projects? your answer should be in your own words.

3. What estimates are involved in the weighted average cost of capital formula? do you feel these estimates are reliable or do they invalidate the use of this measure? explain your reasoning in your own works

4. What are the three elements of the weighted average cost of capital formula? which of the elements are impacted by taxes. your answer should be in your own words.

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