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A firm is paying an annual dividend of $3.00 for its preferred stock which is selling for $64.00. There is a selling cost of $3.00.
A firm is paying an annual dividend of $3.00 for its preferred stock which is selling for $64.00. There is a selling cost of $3.00. What is the after-tax cost of preferred stock if the firm's tax rate is 31%?
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The VAR Implementation Handbook
Authors: Greg Gregoriou
1st Edition
007161513X, 978-0071615136
