Question
Holdup Bank has an issue of preferred stock with a $1.78 stated dividend that just sold for $56.45 per share. What is the bank's cost
Holdup Bank has an issue of preferred stock with a $1.78 stated dividend that just sold for $56.45 per share. What is the bank's cost of preferred stock?
Enter the answer with 4 decimals (e.g. 0.1234).
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
