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A company plans to raise additional capital by issuing new shares of preferred stock, which has a current value of $50 per share. If the
A company plans to raise additional capital by issuing new shares of preferred stock, which has a current value of $50 per share. If the company pays a $2.50 dividend, what should be the cost to issue new shares if the company will incur flotation costs of 6%? O 5.3% O 11% O 5% O 11.3%
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