Determination of the Weighted Average Cost of Capital (WACC) applied to a COOPAC of Lima Cercado

Abstract

In a context characterized by continuous changes, in which political instability is coupled with the damage caused by cyclone Yaku and the consequences of heavy rainfall that affected large areas of the northern coast of our country during the first three months of 2023. In addition, the actions taken by the Superintendence of Banking, Insurance and AFP against certain Savings and Credit Cooperatives, due to the negative balances in their equity accounts, have caused a high level of uncertainty and distrust towards the management carried out by the Peruvian cooperative system. This is due to the fragility of their financial structures, both for those involved internally and externally. Therefore, the main objective of this study was to determine the Weighted Average Cost of Capital in the financial decision making of a savings and credit cooperative in Lima Cercado. To achieve this, a descriptive study was carried out that addressed the fundamental concepts and appropriate techniques, based on a theoretical review of the evolution of corporate finance, considered a novelty in today's business.