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QUESTION 35 A firm is looking to issue $30 par-value preferred stock that will pay a dividend of $4 per share. Flotation costs will be

QUESTION 35 A firm is looking to issue $30 par-value preferred stock that will pay a dividend of $4 per share. Flotation costs will be $5 per share. The cost of the firm's preferred stock is 4 percent. 8 percent 13 percent 16 percent

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