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can you explain what I did wrong and how to get the correct answer Correct Answer You Answered Question 9 0/1 pts If the dividends

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can you explain what I did wrong and how to get the correct answer

Correct Answer You Answered Question 9 0/1 pts If the dividends paid on a preferred stock issue are $5 per share and the price of new stock after subtracting flotation costs is $25, calculate cost of preferred stock. 20% 2% Question 10

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