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Business, 05.12.2019 17:31 garciazzzz6

Def corporation had two issues of ordinary preferred stock with a $100 par value traded on the nyse. one issue paid $5.56 annually per share and sold for $95.55 per share. the other paid $5.88 per share annually and sold for $97.50 per share. what is def’s corporation’s cost of preferred stock? a .82%b .93% c .03% d .50% e .63%

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Def corporation had two issues of ordinary preferred stock with a $100 par value traded on the nyse....
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