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4 of 6 (2 complete) P14-11 (similar to) HW Score: 18.18%, 2 of 11 pts Question Help (Cost of preferred stock) The preferred stock of

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4 of 6 (2 complete) P14-11 (similar to) HW Score: 18.18%, 2 of 11 pts Question Help (Cost of preferred stock) The preferred stock of Walter Industnes Inc currently sets for $36.41 a share and pays $2.40 in dividends annually What is the firm's cost of capital for the preferred stock? The firm's cost of capital for the preferred stock 8 I (Round to two decimi praces

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