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Assume preferred stock of Ford Motors pays a dividend of $1.55 each year and trades at a price of $26.82. What is the cost of
Assume preferred stock of Ford Motors pays a dividend of $1.55 each year and trades at a price of $26.82. What is the cost of preferred stock capital for Ford?
Group of answer choices
5.17%
5.78%
4.42%
3.75%
5.36%
4.16%
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