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Travis Tadastrupato se perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $102.00, but station costs will be of the market,

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Travis Tadastrupato se perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $102.00, but station costs will be of the market, the price will be super her. Wat is the cont of the preferred to induding Hote? Round your answer to two decimal place

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