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A firm is paying an annual dividend of $5.00 for its preferredstock which is selling for $63.00. There is a selling cost of$3.00. What is

A firm is paying an annual dividend of $5.00 for its preferredstock which is selling for $63.00. There is a selling cost of$3.00. What is the after-tax cost of preferred stock if the firm'stax rate 2 answers

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