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Tunney Industries can issue perpetual preferred stock at a price of $55.11 per share. The stock would pay a constant annual dividend of 54.40 a

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Tunney Industries can issue perpetual preferred stock at a price of $55.11 per share. The stock would pay a constant annual dividend of 54.40 a share. Calculate the company's cost of preferred stock, P. 6.75% 7.37% 7.98% 8.60% 9.22% Click Save and Submit to save and submit Click Save All Answers to save all answers San tv A A 2 N MacBook Air 5 6 8 9 E R O F G H . K B

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