
18 topics badly explained by many Finance Professors by Pablo Fernandez :: SSRN
18 topics badly explained by many Finance Professors by Pablo Fernandez :: SSRN https://ift.tt/2z4n3lO 18 topics badly explained by many Finance Professors 22 Pages Posted: Date Written: October 20, 2018 Abstract This paper addresses 18 finance topics that are badly explained by many Finance Professors. The topics are: 1. Where does the WACC equation come from? 2. The WACC is not a cost. 3. The WACC equation when the value of debt is not equal to its nominal value. 4. The term equity premium is used to designate four different concepts. 5. Textbooks differ a lot on their recommendations regarding […]