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Billy's Goat Coats has a preferred share issue outstanding with a current price of $43.75. The firm last paid a dividend on the issue of
Billy's Goat Coats has a preferred share issue outstanding with a current price of $43.75. The firm last paid a dividend on the issue of $3.50 per share. What is the firm's cost of preferred equity (in percent)?
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How Finance Works
Authors: Mihir Desai
1st Edition
1633696707, 978-1633696709
