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The cost of preferred stock is based on the: Multiple Choice After tax average coupon rate. Average yield-to-maturity of the outstanding securities. O Annual stated

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The cost of preferred stock is based on the: Multiple Choice After tax average coupon rate. Average yield-to-maturity of the outstanding securities. O Annual stated dividend multiplied by (-TJ. Stated dividend adjusted for any flotation costs. Perpetuity rate of return on the security

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