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Calculate the cost of preferred stock if a company pays an annual dividend of $8, with a floatation cost of $5 and a stock price

Calculate the cost of preferred stock if a company pays an annual dividend of $8, with a floatation cost of $5 and a stock price of $125 Question 10Answer a. 2.03 b. 1.02 c. 0.35 d. 0.07

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