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Betres de Winter has an issue of preferred stock outstanding with a coupon rate of 4.20 percent that sells for $90.86 per share. If the

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Betres de Winter has an issue of preferred stock outstanding with a coupon rate of 4.20 percent that sells for $90.86 per share. If the per vete 8 $100, what is the cost of the company's preferred stock? Help Save & Exit

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