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IgorLugansk [536]
3 years ago
8

Taylor Systems has just issued preferred stock. The stock has a 10​% annual dividend and a $ 110 par value and was sold at ​$119

.90 per share. In​ addition, flotation costs of ​$6.60 per share were paid. Calculate the cost of the preferred stock
Business
1 answer:
shutvik [7]3 years ago
4 0
Cost of preferred stock Taylor Systems has just issued preferred stock. The stock has a 12 % annual dividend and a $100 par value and was sold at $97.50 per shar
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