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

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

Answer rating: 100% (QA)

1 USD25 billion preferred stock in BoA including Merrill Lynch and J... View the full answer