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A firm has an issue of perferred stock that pays an annual divident of 7 per share snd is cutrently sekling for 7 4 .

A firm has an issue of perferred stock that pays an annual divident of

7

per share snd is cutrently sekling for

74.50

per share finakly the firnd marginak tax rate is

34 %

what is the cisd id perferred stock

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