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Question 2 Determine the cost for a preferred stock that pays annual dividend of 33.25. has selling price 545, 50, and Incurs flotation costs of

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Question 2 Determine the cost for a preferred stock that pays annual dividend of 33.25. has selling price 545, 50, and Incurs flotation costs of 1.05 per share. IMPORTANT!!! DONOT PUT PERCENTAGE SIGN (%) IN ANSWER, AND PROVIDE YOUR ANSWER POINTS UPTO FOUR DECIMALS (e.g 0.0142 etc)

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