Global Leaders Investment Letter: June 2022
Brown Advisory
JUNE 16, 2022
We discount each year at our 10% minimum weighted average cost of capital (WACC) and some infinite series maths gives us the basis for some rough approximations 2. rates were going up in 2018 we did debate raising our WACC hurdle when the Federal Reserve (FED) funds rate was at 2.5% The last time U.S. and appeared to be going higher.
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