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What would be marme component cost of preferred stock

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Reference no: EM131700566

Question - Marme, Inc., has preferred stock selling for 97 percent of par that pays a 11 percent annual coupon.

Required - What would be Marme's component cost of preferred stock?

Reference no: EM131700566

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What would be marme component cost of preferred stock : Marme, Inc., has preferred stock selling for 97 percent of par that pays a 11 percent annual coupon. What would be Marme's component cost of preferred stock
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