Question
P14-5 Calculating Cost of Preferred Stock [LO1] Holdup Bank has an issue of preferred stock with a $6 stated dividend that just sold for $96
P14-5 Calculating Cost of Preferred Stock [LO1]
Holdup Bank has an issue of preferred stock with a $6 stated dividend that just sold for $96 per share. The bank's cost of preferred stock is percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16)) |
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
