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This is a question from my discussion board that I must answer in detail. Do you think it is necessary for a firm to adjust

This is a question from my discussion board that I must answer in detail.

  1. Do you think it is necessary for a firm to adjust its overall WACC according to the risk of each individual project? Why? If a firm insists that it will use only one WACC to evaluate all its projects, what would be the consequence in the long term?

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