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Lowes pays annual dividends of $2 on preferred stock, which is currently trading at $87. What is Lowe's cost of preferred stock? O 2.3% 4.35%

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Lowes pays annual dividends of $2 on preferred stock, which is currently trading at $87. What is Lowe's cost of preferred stock? O 2.3% 4.35% 43.5% 10%

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