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mantparn mantparn
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7 years ago
Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value of $75 and a 5.50 percent dividend. What is the cost of preferred stock for Tangshan if flotation costs would amount to 5.5 percent of par value?
A) 5.50%
B) 5.27%
C) 7.73%
D) 5.82%
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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mantparn Author
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#2
7 years ago
Thanks again for helping me in my management class!
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#3
4 years ago
 thanks
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#4
3 years ago
thank you
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#5
3 years ago
thank you
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