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Home Q & A Board Other Fields Homework Help Business Management
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pompa pompa
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7 years ago
A corporation has $5,000,000 of 8 percent preferred stock outstanding and a 40 percent tax rate. The after-tax cost of the preferred stock is ________.
A) $400,000
B) $240,000
C) $666,667
D) $160,000
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Correct Slight Smile TY
africa143
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Yesterday
this is exactly what I needed
macbookpro1
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2 hours ago
Thanks for your help!!
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