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Dewydo has preferred stock trading at $46 per share. The next preferred dividend of $6 is due in one year. What is Dewyco's cost of

Dewydo has preferred stock trading at $46 per share. The next preferred dividend of $6 is due in one year. What is Dewyco's cost of capital for preferred stock? % . ( Round to one decimal place.) The cost of capital for preferred stock is

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