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i need typing answer urgent A firm is paying an annual dividend of $8.00 for its preferred stock which is selling for $68.00. There is
i need typing answer urgent
A firm is paying an annual dividend of $8.00 for its preferred stock which is selling for $68.00. There is a selling cost of $4.00. What is the after- tax cost of preferred stock if the firm's tax rate is 36%? Note: Round your answer to 2 decimal places. Multiple Choice O 12.50% O 13.95% O 14.65% O 11.15%Step by Step Solution
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