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Posted by on Sunday, February 26, 2012 at 11:27pm.

A firm has $3 million market value and it sells preferred stock with a par value of $100. If the coupon rate on the preferred stock is 9% and the preferred stock trades at $95, what is the cost of preferred stock financing?

  • Finance - , Monday, February 27, 2012 at 8:00pm


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