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Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 4 . 1 0 percent that sells for $ 9 0

Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 4.10 percent that sells for $90.54 per share. If the par value is $100, what is the cost of the company's preferred stock?
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4.10%
4.34%
4.91%
4.22%
4.53%
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