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Business, 12.12.2019 00:31 keshho

Holdup bank has an issue of preferred stock with a stated dividend of $4.25 that just sold for $93 per share. what is the bank’s cost of preferred stock? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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Holdup bank has an issue of preferred stock with a stated dividend of $4.25 that just sold for $93 p...
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