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Your firm is planning to issue preferred stock. The stock sells for ?$115?; ?however, if new stock is? issued, the company would receive only ?$98.90. The par value of the stock is ?$100?, and the dividend rate is 15 percent.
Question 1: What is the cost of capital for the stock to your? firm?
Question 2: What The cost of capital for the preferred stock to your firm is?
the companys ceo just returned from a seminar on management accounting and some new tools that can be used to assist in
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