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A company has preferred stock that can be sold for $50 per share. The preferred stock pays an annual dividend $5. Therefore, the cost of
A company has preferred stock that can be sold for $50 per share. The preferred stock pays an annual dividend $5. Therefore, the cost of preferred stock is:
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| A. 5.67% | |
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| B. 6.00% | |
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| C. 9.43% | |
|
| D. 10.0% |
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Fundamentals Of Investments
Authors: Charles J. Corrado
3rd Edition
0072829192, 978-0072829198
