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Preferred equity: $100 million par 6% annual coupon Each $1,000 par issue is currently priced at $925. What is Zeldas cost of preferred equity?
| Preferred equity: | $100 million par |
| 6% annual coupon | |
| Each $1,000 par issue is currently priced at $925. |
What is Zeldas cost of preferred equity?
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Financial Management For Farmers And Rural Managers
Authors: Martyn Warren
4th Edition
0632048719, 9780632048717
