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MC Qu. 9 Leaf has preferred stock selling for vi percent of par that pays.. Leaf has preferred stock selling for 95.3 percent of par

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MC Qu. 9 Leaf has preferred stock selling for vi percent of par that pays.. Leaf has preferred stock selling for 95.3 percent of par that pays a 11.7 percent annual coupon. What would be Leafs component cost of preferred stock? 0 11.70% O 12.28% O 6.14% 11.15%

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