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Business, 23.07.2019 09:00 Lesquirrel

Taylor systems has just issued preferred stock. the stock has a 10% annual dividend and a $ 110 par value and was sold at $119.90 per share. in addition, flotation costs of $6.60 per share were paid. calculate the cost of the preferred stock

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Taylor systems has just issued preferred stock. the stock has a 10% annual dividend and a $ 110 par...
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