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What is the appropriate cost of preferred stock with a par value of $10.0, that sells for $39.0 per share and offers a $2.9 dividend

What is the appropriate cost of preferred stock with a par value of $10.0, that sells for $39.0 per share and offers a $2.9 dividend when the tax rate is 36%? ed out of a. 18.56% O b. 29.00% O c. 31.90% O d. 7.44% O e. 4.76% on Next page

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