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Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.10 percent that sells for $93.74 per share. If the par
Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.10 percent that sells for $93.74 per share. If the par value is $100, what is the cost of the company's preferred stock? Multiple Choice 5.44% 5.89% 5.10% 5.16% 5.21%
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