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ILK has preferred stock soling for 97 percent of par that pays a 9 percent annual coupon What would be ILKs component cost of preferred stock Round your answer to 2 decimal places

ILK has preferred stock soling for 97 percent of par that pays a 9 percent annual coupon. What would be ILK's component cost of preferred stock? (Round your answer to 2 decimal places.)
 

Apr 03 2020 View more View Less

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