Weighted Average Cost of Capital
Weighted Average Cost of Capital. The Company's weighted average cost of debt and equity expressed as a percent which represents the Company's minimum required rate of return on capital, as determined for each Participation Pool. The WACC shall be recommended by Management and approved by the Committee on an annual basis prior to the beginning of each Year. The WACC shall be rounded to the nearest whole percent and is subject to adjustment by the Committee for significant changes in the Company's capital structure and its cost...
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Insteel Industries, Inc. contract