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Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.40 percent that sells for $94.70 per share. If the par

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Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 5.40 percent that sells for $94.70 per share. If the par value is $100. what is the cost of the company's preferred stock? Multiple Choice O 5.46% 5.70% O O O 5.40% 6.18% 5.43%

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