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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

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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