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samualson samualson
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Posts: 2459
5 years ago
The preferred stock of Wells Co. sells for $17 and pays a $1.75 dividend. The net price of the stock after issuance costs is $15.30. What is the cost of capital for new preferred stock?
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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5 years ago
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samualson Author
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