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Business, 02.11.2020 17:20 pearsonalyssa

A firm is paying an annual dividend of $9.00 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 31%?

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A firm is paying an annual dividend of $9.00 for its preferred stock which is selling for $69.00. Th...
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