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QUESTION
Calculate the cost of preferred stock from the information given below: Annual dividend on preferred stock $ 13.50 Price 110.00 Flotation cost 6.00...
Calculate the cost of preferred stock from the information given below:
Annual dividend on preferred stock
$ 13.50
Price
110.00
Flotation cost
6.00
- 12.98%
- 12.27%
- 5.45%
- 17.73%
