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Business, 20.03.2020 07:22 Aaraar

A firm has issued 10 percent preferred stock, which sold for $100 per share par value. The cost of issuing and selling the stock was $2 per share. The firm's marginal tax rate is 40 percent. The cost of the preferred stock is

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A firm has issued 10 percent preferred stock, which sold for $100 per share par value. The cost of i...

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