Find what would be ilk component cost of preferred stock

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Problem 1: ILK has preferred stock selling for 97 percent of par that pays an annual coupon of 6 percent. What would be ILK's component cost of preferred stock?

Reference no: EM132761539

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Find what would be ilk component cost of preferred stock : Find What would be ILK's component cost of preferred stock? ILK has preferred stock selling for 97 percent of par that pays an annual coupon of 6 percent.
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