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1. During 2008 financial crisis, Treasury department injected capital into large banks to exchange some preferred stocks, whats the cost for those preferred stocks? 2.

1. During 2008 financial crisis, Treasury department injected capital into large banks to exchange some preferred stocks, whats the cost for those preferred stocks?

2. If we use a companys overall WACC to estimate its projects from different divisions of the company that have different levels of business risk, what problems might be caused?

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