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QUESTION 2 Can Gox Corporation plans to issue perpetual preferred stock with a $9 dividend. The preferred stock is currently selling for $95, but flotation
QUESTION 2 Can Gox Corporation plans to issue perpetual preferred stock with a $9 dividend. The preferred stock is currently selling for $95, but flotation costs will be 5% of the market price. What is the cost of the preferred stock, including flotation? 10% 9.47% 12.48% 7.98%
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