What would be giants component cost of preferred stock

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Giant has preferred stock selling for 125 percent of par that pays a 10 percent annual coupon. What would be Giant's component cost of preferred stock?

Reference no: EM13334544

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What would be giants component cost of preferred stock : Giant has preferred stock selling for 125 percent of par that pays a 10 percent annual coupon. What would be Giant's component cost of preferred stock
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