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Title: A firm has issued 10 percent preferred stock, which sold for $100 per share par value. The cost of ... Post by: betterway on Mar 7, 2017 A firm has issued 10 percent preferred stock, which sold for $100 per share par value. The cost of issuing and selling the stock was $2 per share. The firm's marginal tax rate is 40 percent. The cost of the preferred stock is ________.
A) 3.9 percent B) 6.1 percent C) 9.8 percent D) 10.2 percent Title: Re: A firm has issued 10 percent preferred stock, which sold for $100 per share par value. The cost ... Post by: donnaban on Mar 7, 2017 Content hidden
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