Holdup bank has an issue of preferred stock with a 9 stated
Holdup Bank has an issue of preferred stock with a $9 stated dividend that just sold for $85 per share. What is the bank's cost of preferred stock?
a) 9.00%
b) 10.16%
c) 11.12%
d) 11.01%
e) 10.59%
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holdup bank has an issue of preferred stock with a 9 stated dividend that just sold for 85 per share what is the banks
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