Answered

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Coral Inc.'s preferred stock currently sells for $90 a share and pays a dividend of $10 per share; however, the firm will net only $80 per share from the sale of new preferred stock. What is the firm's cost of newly issued preferred stock? (Round off the answer to two decimal places.)

Sagot :

DALAU

Answer:

Good Luck!

Explanation:

View image DALAU
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