What would be tiny component cost of preferred stock

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Question - Tiny has preferred stock selling for 109.2 percent of par that pays an 9.0 percent annual coupon. What would be Tiny's component cost of preferred stock?

Reference no: EM131591568

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What would be tiny component cost of preferred stock : Tiny has preferred stock selling for 109.2 percent of par that pays an 9.0 percent annual coupon. What would be Tiny's component cost of preferred stock
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