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D Question 17 1 pts The Well Derrick has 5.5 percent preferred stock outstanding that sells for $48 a share. This stock was originally issued

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D Question 17 1 pts The Well Derrick has 5.5 percent preferred stock outstanding that sells for $48 a share. This stock was originally issued at $45 per share. What is the cost of preferred stock if the firm's tax rate is 35 percent? 7.45% 0 7.94% 12.8096 O 11.46% 12.22%

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