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The 5.25 percent preferred stock of Robert Bruce Security is selling for $50.26 a share. What is the firm's cost of preferred stock if the

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The 5.25 percent preferred stock of Robert Bruce Security is selling for $50.26 a share. What is the firm's cost of preferred stock if the tax ate is 21 percent and the par value per share is $100 ? Muttiple Choice 8.57% 920x 1186% 10.45%

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