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Question 25 (3 points) A company has an issue of preferred stock with a stated dividend of $4.10 that just sold for $98 per share.
Question 25 (3 points) A company has an issue of preferred stock with a stated dividend of $4.10 that just sold for $98 per share. What is the company's cost of preferred stock? Enter your answer as a decimal number (not as a percentage number) with 4 digits to the right of the decimal point in the box shown below. Your
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
