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Question 26 0.6 Points A firm is paying an annual dividend of $3.63 for its preferred stock which is selling for $62.70. There is a
Question 26 0.6 Points A firm is paying an annual dividend of $3.63 for its preferred stock which is selling for $62.70. There is a selling cost of $3.30. What is the after tax cost of preferred stock if the firm's tax rate is 40%?
A. 2.02%
B. 6.11%
C. 4.09%
D. 5.79%
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Asset Allocation From Theory To Practice And Beyond
Authors: Mark P. Kritzman, William Kinlaw, David Turkington, Harry M. Markowitz
1st Edition
