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Determine the cost for the following preferred stock. Par value Sale price Flotation cost Annual dividend $75.00 $74.25 $3.75 12%
Determine the cost for the following preferred stock.
| Par value | Sale price | Flotation cost | Annual dividend |
| $75.00 | $74.25 | $3.75 | 12% |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
