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Find the Cost of Preferred Stock (rp) for each of the following preferred stock issues: Preferred Stock Par Value Preferred Dividend Current Value A 100
Find the Cost of Preferred Stock (rp) for each of the following preferred stock issues:
Preferred Stock | Par Value | Preferred Dividend | Current Value |
A | 100 | 12% | 95 |
B | 200 | 8% | 205 |
C | 300 | 7% | 325 |
Cost of Preferred Stock Issue A:
(to 2 decimal points)
Cost of Preferred Stock Issue B:
(to 2 decimal points)
Cost of Preferred Stock Issue C:
(to 2 decimal points)
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