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Business, 23.08.2021 21:00 taesthetic11
The cost of preferred stock, rps, used in the weighted average cost of capital equation is calculated as the preferred dividend, Dps, divided by the current price of the preferred stock, Pps. tax adjustment is made when calculating rps because preferred dividends (,aren't, or are) tax deductible; so tax savings are associated with preferred stock.
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The cost of preferred stock, rps, used in the weighted average cost of capital equation is calculate...
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