Question about WACC and Opportunity Costs.
so Iis the same as opportunity costs. So WACC are the opportunity costs that I could earn if I invested my money in other, similar companies.
My question is: How is this possible? WACC is already tailored to the specific company through Beta!
You can't just show up to the party and say "What's up losers, I won't give you money because I got the exact WACC return at Company Z." Because imo, the WACC would be either higher or lower, depending of the Beta.
Any help on this concept would be appreciated. I am advanced in terms of finance but right now revisiting old concepts to make sure I really understand them, as I am fully self-learned.