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A company's preferred stock currently sells for $92 per share, and it pays a constant $8.4 annual dividend. What is the firm's cost of preferred

A company's preferred stock currently sells for $92 per share, and it pays a constant $8.4 annual dividend. What is the firm's cost of preferred stock? OA. 10.95 per cent. B. O O O.C. OD. OE. 8.65 per cent. 0.09 per cent. 9.13 per cent. 7.73 per cent.
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