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In at least 200 words, weighted average cost of capital (WACC), how and why is it...

In at least 200 words, weighted average cost of capital (WACC), how and why is it used. and why is it important? Also, In at least 200 words, what is total return? How and why is it used and why is it important?

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We have explained weighted average cost of capital and total return here under:

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