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Business, 18.11.2019 21:31 whitethunder05

Calculate the after-tax cost of preferred stock for ohio valley power company, which is planning to sell $100 million of $3.25 cumulative preferred stock to the public at a price of $25 per share. flotation costs are $1.00 per share. ohio valley has a marginal income tax rate of 40%.

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Calculate the after-tax cost of preferred stock for ohio valley power company, which is planning to...
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