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The preferred shares of XYZ Inc. are trading at $45 per share. Each share pays a dividend of $5.00. What is the cost of preferred
The preferred shares of XYZ Inc. are trading at $45 per share. Each share pays a dividend of $5.00. What is the cost of preferred shares for XYZ?
Question 5 options:
|
| 9% |
|
| 10.09% |
|
| 12.35% |
|
| 13.56% |
|
| 11.11% |
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