When (and when not!) to use the WACC for Investment appraisal

[@blackm9063]

Thank you

[@dm993dmdmdmdmdmdmdmdm]

Wacc is combination of Ke and Kd. To calculate Ke (via CAPM), do we use geared or ungeared Beta?

[@opentuition]

You use the geared (i.e. equity) beta as explained in our free lectures on CAPM. If you have more questions then please ask in the free Ask the Tutor Forum on our website :-)

[@dm993dmdmdmdmdmdmdmdm]

@@opentuition Thank you very much :-)