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The preferred stock of Wells Co. sells for $17 and pays a $1.75 dividend. The net price of the stock after issuance costs is $15.30.
The preferred stock of Wells Co. sells for $17 and pays a $1.75 dividend. The net price of the stock after issuance costs is $15.30. What is the cost of capital for new preferred stock?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
