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Calculator Problem 13-14 Fuller, Inc., issued $100, 10% preferred stock five years ago. The shares are currently selling for $84.50. Assuming Fuller has to pay

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Calculator Problem 13-14 Fuller, Inc., issued $100, 10% preferred stock five years ago. The shares are currently selling for $84.50. Assuming Fuller has to pay flotation costs of 10%, what is Fuller's cost of preferred stock? Round the answer to two decimal places. 11.00 X % Feedback Check My Works Incorrect

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