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Intro Four Seasons has preferred stock outstanding that promises to pay a quarterly dividend of $0.67 every quarter forever. The stock currently trades for

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Intro Four Seasons has preferred stock outstanding that promises to pay a quarterly dividend of $0.67 every quarter forever. The stock currently trades for $25.3. Part 1 What is the annualized cost of preferred stock? B+ decimals Submit Attempt 5/10 for 10 pts.

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