Discussion Post
• How is the WACC for a firm calculated? And What does the WACC for a firm tell us?
• What is the difference between business risk and financial risk?
• How do stock repurchases differ from dividends?
• The MRR Golf Resorts is redoing its golf course at a cost of $2,744,320. It expects to generate cash flows of $1, 223,445, $2,007,812, and $3,147,890 over the next three years. If the appropriate discount rate for the firm is 13 percent, what is the NPV of this project?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.