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help plz! QUESTION 20 An Allied Northern preferred stock pays a $4 annual dividend. What is the cost of preferred stock if the stock price

help plz!

QUESTION 20 An Allied Northern preferred stock pays a $4 annual dividend. What is the cost of preferred stock if the stock price is $53 and the flotation cost is $3? O a. 8% O b.9.1% O c 10% O d. 9.6% C

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