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The cost of preferred stock is based on the: Perpetuity rate of return on the security. Average yield-to-maturity of the outstanding securities. Annual stated dividend

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The cost of preferred stock is based on the: Perpetuity rate of return on the security. Average yield-to-maturity of the outstanding securities. Annual stated dividend multiplied by (1Tc). Stated dividend adjusted for any flotation costs. After tax average coupon rate

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