Business, 16.12.2019 20:31 nikeahbrown

Aclass of noncallable, nonconvertible preferred stock was issued at $45.00 per share with a dividend of $5.25. the preferred stock is now trading at $60.00 per share. earnings of the company are growing at 3.00%. the cost of preferred stock is closest to:

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Aclass of noncallable, nonconvertible preferred stock was issued at $45.00 per share with a dividend...