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If the tax rate is 21%, what is the cost of preferred stock that sells for $10 per share and pays a $1.20 dividend? Seleccione

If the tax rate is 21%, what is the cost of preferred stock that sells for $10 per share and pays a $1.20 dividend? Seleccione una: a. 4.20% b. 7.80% c. 8.33% d. 12.00%

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