(Computing the cost of preferred stock) Triathlon PLC is issuing preference shares for 40 each. These preference...

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(Computing the cost of preferred stock) Triathlon PLC is issuing preference shares for

£40 each. These preference shares pay an annual dividend of 8 percent on a face value of £50. What is the cost of capital for Triathlon for these preference shares?

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Financial Management Principles And Applications

ISBN: 9781292222189

13th Global Edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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