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Question 2 (1 point) Listen The preferred stock of Winter Coalition Floors is selling for $61 a share with a $1.7 quarterly payment. What is
Question 2 (1 point) Listen The preferred stock of Winter Coalition Floors is selling for $61 a share with a $1.7 quarterly payment. What is the firm's cost of preferred stock if the tax rate is 24 percent? (Express your answer in percentage and round it two decimal places, but do not include the percent sign. %. i.e., 4.65 for 4.65%) Your
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