Preferred stock as a source of financing
Question:
East Coast Yachts uses a small % of preferred stock as a source of financing. In calculating the ratios for the company, should preferred stock be included as a part of the company's total equity?
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1. What is Chatham's after-tax cost of debt? 2. What is Chatham's cost of equity?
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Question: East Coast Yachts uses a small % of preferred stock as a source of financing.
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