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Moving to another question will save this response Question 13 of 30 Question 13 1 points Save Answer Determine the cost for a preferred stock that pays annual dividend of $3.25, has selling price $45.50, and incurs flotation costs of $1.05 per share. (System will not accept percentage (9) sign, therefore write your answer upto four decimals), Moving to another question will save this response. Question 13 of 30