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What is the cost of preferred stock if the stock is selling for $208,

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What is the cost of preferred stock if the stock is selling for $208, the dividend is $35 and flotation costs are 5% of the selling price?;a. 12.5%;b. 17.7%;c. 10.8%;d. 25.2%

 

Paper#26839 | Written in 18-Jul-2015

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