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Question 8 (7 points) A share of preferred stock pays a dividend of $10 per year and has a par value of $100 the po

Question 8 (7 points) A share of preferred stock pays a dividend of $10 per year and has a par value of $100 the po preferred stock is currently $40, what is the cost of preferred sock? 25% 20% 04% 23% 10%

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