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If Muscat Tiles has preferred stock at $120 per share, the cost of preferred stock 0.176, then what is a stated dividend if the flotation
If Muscat Tiles has preferred stock at $120 per share, the cost of preferred stock 0.176, then what is a stated dividend if the flotation cost is 3%?
Select one:
a. 21.75
b. 21.12
c. 22.32
d. All the given choices are not correct
e. 20.49
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