Question
a firm has issued 10% prferred stock , which sold $100 per share per value .the cost of issuing and selling the stock was $5
a firm has issued 10% prferred stock , which sold $100 per share per value .the cost of issuing and selling the stock was $5 per shere .the firm's marginal tax rate is 40% the cost of the preferred stock is ?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
