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Sixth Fourth Bank has an issue of preferred stock with a $5.10 stated dividend that just sold for $44 per share. Required: What is the

Sixth Fourth Bank has an issue of preferred stock with a $5.10 stated dividend that just sold for $44 per share. Required: What is the banks cost of preferred stock? 0.74% 5.10% 16.69% 11.59% 8.35%

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