Weighted average cost of preferred stock

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Reference no: EM13875893

Calculate Company C’s weighted average cost of preferred stock, given the following information: (a) Coupon Payments: $5.00, (b) Price of Preferred Stock: $42.50, (c) Debt: $5,000,000, (d) Equity: $3,000,000, and (e) Preferred Stock: $500,000.

Reference no: EM13875893

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