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Business, 06.12.2019 04:31 milkshakegrande101

Acompany's perpetual preferred stock currently sells for $92.50 per share, and it pays an $8.00 annual dividend. if the company were to sell a new preferred issue, it would incur a flotation cost of 5.00% of the issue price. what is the firm's cost of preferred stock?

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Acompany's perpetual preferred stock currently sells for $92.50 per share, and it pays an $8.00 annu...
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