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Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $6400 per share with an annual dividend of $600 a share Ignoring flotation costs what is the companys cost of

Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $64.00 per share with an annual dividend of $6.00 a share. Ignoring flotation costs, what is the company's cost of preferred stock, rps? Round your answer to two decimal places.

 

Apr 08 2020 View more View Less

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