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AI SUDI 2 Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.00 percent that sells for $99 42 per

AI SUDI 2 Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.00 percent that sells for $99 42 per share. If the per value is $100, what is the cost of the company's preferred stock? Mun Choice

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