What is the cost of preferred stock that will pay a dividend of $2.50, if the flotation
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Question:
What is the cost of preferred stock that will pay a dividend of $2.50, if the flotation cost is $2.00 per share, and if the public pays $35 per share?
8.16% |
7.58 |
9.19 |
10.16 |
7.14. |
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