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Dewyoo has preferred stock trading at $47 per share. The next preferred dividend of S4 is due in one year. What is Dewyco's cost of

Dewyoo has preferred stock trading at $47 per share. The next preferred dividend of S4 is due in one year. What is Dewyco's cost of capital for preferred stock? The cost of capital for proferred stock is % (Round to one decimal place)

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