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A company's perpetual preferred stock currently sells for $90.00 per share, and it pays a $7.25 annual dividend. What is the firm's cost of preferred
A company's perpetual preferred stock currently sells for $90.00 per share, and it pays a $7.25 annual dividend. What is the firm's cost of preferred stock? 8,68 8.06% 7.90% 7.7496 8.22% Question 12 Apple Farm Corp, issued frve years ago a 25-year $1000 face value bond with a 9 percent annual coupon rate that has semiannual payments. The bond currently sells for $1.175. What is the after-tax cost of debt if the company's tax rate is 40 percent? Question 13 Dellsa stock currently sells for $55 per share. The market requires a return of 15 percent while the company maintains a constant 7 percent growth rate in dividends. What was the most recent annual dividend per share
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