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IVY has preferred stock selling for 97.3 percent of par that pays a 7.7 percent annual coupon. What would be IVY's component cost of preferred
IVY has preferred stock selling for 97.3 percent of par that pays a 7.7 percent annual coupon. What would be IVY's component cost of preferred stock? |
7.91%
7.70%
7.49%
20.79%
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