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QUESTION 27 The preferred stock of ISO, Inc., pays an annual dividend of $6.50 a share and sells for $48 a share. What is ISO's

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QUESTION 27 The preferred stock of ISO, Inc., pays an annual dividend of $6.50 a share and sells for $48 a share. What is ISO's cost of preferred stock? O 13.54 percent 7.38 percent 3.12 percent 9.46 percent 9.19 percent

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