[Solved] Parker-Hannifin Corp has a preferred stoc

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Parker-Hannifin Corp has a preferred stock paying a dividend of $17 and has a market price of $191. Calculate the cost of capital for the

Parker-Hannifin Corp has a preferred stock paying a dividend of $17 and has a market price of $191. Calculate the cost of capital for the preferred stock. 12.76 % 8.90% Onone of the answers is correct. 15.76% 5.63%

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