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It was set up by J. Willard Marriott in 1927. Dan Cohrs, vice president of MC’s job finance, is planning his once-a-year recommendations with the hurdle rates at each in the agency's three divisions.
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Finance division evaluates investments using “Weighted Common Price of Capital” (Wacc) being a hurdle fee to price cut the cash flows for an expense possibility. This Wacc is calculated from two subgroups; price of fairness and price of financial debt, supplying proper weightage to each group.
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