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3 Problem 12-4 Calculating Cost of Preferred Stock [LO 1] Sixth Fourth Bank has an issue of preferred stock with a $5.80 stated dividend that
3 Problem 12-4 Calculating Cost of Preferred Stock [LO 1] Sixth Fourth Bank has an issue of preferred stock with a $5.80 stated dividend that just sold for $100 per share. What is the bank's cost of preferred stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 3.33 points Cost of preferred stock eBook References
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