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A firm has $9.2 Billion debt outstanding, with a yield tomaturity of 5% and a coupon rate of 5.8%. They have 198 millionpreferred shares outstanding,

A firm has $9.2 Billion debt outstanding, with a yield tomaturity of 5% and a coupon rate of 5.8%. They have 198 millionpreferred shares outstanding, currently trading at $86.6. They alsohave 747 m 1 answer

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