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P14-5 Calculating Cost of Preferred Stock (LO1] Holdup Bank has an issue of preferred stock with a $5 stated dividend that just sold for $93

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P14-5 Calculating Cost of Preferred Stock (LO1] Holdup Bank has an issue of preferred stock with a $5 stated dividend that just sold for $93 per share. What is the bank's cost of preferred stock? Multiple Choice 500% 5.65% > 4 5,00% 5.65% 5.38% 5.59% 5.16%

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