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Cost of preferred stock Kyle is raising funds for his company by selling preferred stock The preferred stock has a par value of $85 and a dividend rate of 74% The stock is selling for

Cost of preferred stock.

Kyle is raising funds for his company by selling preferred stock. The preferred stock has a par value of ?$85 and a dividend rate of 7.4?%.

The stock is selling for ?$72.02 in the market. What is the cost of preferred stock for? Kyle?

What is the cost of preferred stock for? Kyle?

 

Apr 10 2020 View more View Less

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