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Eurydome Company has a preferred stock with a par value of $50 and an $4 annual coupon payment. The current market price of the stock

Eurydome Company has a preferred stock with a par value of $50 and an $4 annual coupon payment. The current market price of the stock is $75. What is Eurydome's cost of preferred stock? O a. 5.3% O b. 6.4% O c.8% O d. 12.5% O e 16%

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