Business, 09.12.2019 19:31 itsstaytay200

Torch industries can issue perpetual preferred stock at a price of $71.00 a share. the stock would pay a constant annual dividend of $6.50 a share. what is the company's cost of preferred stock, rp? round your answer to two decimal places.

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Torch industries can issue perpetual preferred stock at a price of $71.00 a share. the stock would p...

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