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Quality Quidditch Supplies is issuing 5% preferred stock this year. Analysts at Gringotts believe that the stock should be priced at $40. What is the

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Quality Quidditch Supplies is issuing 5% preferred stock this year. Analysts at Gringotts believe that the stock should be priced at $40. What is the cost of this preferred stock? Select one: O A. 13% O B. 5% O C. 20% O D. 8% O E. 12.50%

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