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A firm is paying an annual dividend of $3.00 for its preferred stock which is


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A firm is paying an annual dividend of $3.00 for its preferred stock which is selling for $69.00. There is a selling cost of $2.00. What is the after-tax cost of preferred stock if the firm's tax rate is 36%? (Round your answer to 2 decimal places.)

 


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A firm is paying an annual dividend of $3.00 for its preferred stock which is .zip

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This paper was answered on 14-Oct-2020

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