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Home Q & A Board Other Fields Homework Help Business Finance
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samualson samualson
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6 years ago
If preferred stock pays a $5 annual dividend and sells for $50, the cost of preferred stock financing is 10% since dividends are not tax deductible and preferred stock is sold without flotation costs.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
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guzmanguzman
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samualson Author
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6 years ago
Above and beyond my expectations for this site
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