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ABC Company also has preferred stock outstanding that pays a $1.9 per share fed dividend. If this stock is currently priced at $287 por share, what is ABC Company's cost of preferred stock? Enter your answer is a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answm Enter your response below Nurnber Click "Verily to proceed to the next part of the question. Section Attempt 1 of 1 Verify Submit Assignment Quit & Save Back Question Menu