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14 September, 08:08

Taylor Systems has just issued preferred stock. The stock has a 10 % annual dividend and a $ 110 par value and was sold at $119.90 per share. In addition, flotation costs of $6.60 per share were paid. Calculate the cost of the preferred stock

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  1. 14 September, 09:12
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    Cost of preferred stock Taylor Systems has just issued preferred stock. The stock has a 12 % annual dividend and a $100 par value and was sold at $97.50 per shar
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