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What is the firms cost of preferred stock? Please show work in Excel. 2. (12.5 Points) What is the firm's cost of preferred stock? Nominal

What is the firms cost of preferred stock? Please show work in Excel.

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2. (12.5 Points) What is the firm's cost of preferred stock? Nominal dividend rate Dividends per year Par value Price 10% 4 $100 $111.10 Cost of Preferred Stock

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