Explain the net income view or the traditional approach in


1. Explain (in as much detail that you wish, including numerical analysis and graphs) the net income view or the traditional approach in regards to the relationship between the WACC and the value of the firm.

2. Explain (in 5 lines) why you would agree with the net income approach as listed in part D above.

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Financial Management: Explain the net income view or the traditional approach in
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