Hello everyone, this may seem like a stupid question but when creating a basic DCF model, how should i factor Minority interest into WACC? Specifically in the case of a costco DCF I'm working on. I'll save all of the details but debt is 36.3%, equity is 62.1%, and MI is 1.6%. For all intents and purposes should this just get lumped in with equity? If so, or not, why?
Thanks
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