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Intro Four Seasons has preferred stock outstanding that promises to pay a quarterly dividend of $0.79 every quarter forever. The stock currently trades for $25.3.

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Intro Four Seasons has preferred stock outstanding that promises to pay a quarterly dividend of $0.79 every quarter forever. The stock currently trades for $25.3. Attempt 3/5 for 4.8 pts. Part 1 What is the annualized cost of preferred stock? 3+ decimals Submit

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