What is the firm cost of preferred stock

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A firm has 1.81% preferred stock outstanding (face value is $100) which is selling for $80.80 a share. What is the firm's cost of preferred stock?

Reference no: EM133058530

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What is the firm cost of preferred stock : A firm has 1.81% preferred stock outstanding (face value is $100) which is selling for $80.80 a share. What is the firm's cost of preferred stock?
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