What would be ILK component cost of preferred stock

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Reference no: EM132701533

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: EM132701533

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What would be ILK component cost of preferred stock : 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?
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