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MC Qu. 11 Tiny has preferred stock selling for v1 percent of par that pays Tiny has preferred stock selling for 109.2 percent of par

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MC Qu. 11 Tiny has preferred stock selling for v1 percent of par that pays Tiny has preferred stock selling for 109.2 percent of par that pays an 8.8 percent annual coupon. What would be Tiny's component cost of preferred stock

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