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Business, 16.11.2020 16:40 olivasm5626

Company BW has issued 2,000 preferred stocks. The par value is $100, dividend rate is 8%, and dividend is paid at the end of each year. Market price is $85 a share. Find the annual cost of preferred stock.

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Company BW has issued 2,000 preferred stocks. The par value is $100, dividend rate is 8%, and divide...
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