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Question 14 Not yet answered A business has 1,000 common shares (issued at $200 each) and 1,000 $6-dividend cumulative preferred shares outstanding. It has also
Question 14 Not yet answered A business has 1,000 common shares (issued at $200 each) and 1,000 $6-dividend cumulative preferred shares outstanding. It has also issued $10,000 in 5% bonds. Assuming earnings before interest and taxes (assume a 10% tax rate) of $20,000, what is the return on common shareholder's equity Marked out of 1.00 P Flag question Select one: O a About 5.5% O b. About 4% O C. About 7% O d. About 6.5%
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