Help Holdup Bank has an issue of preferred stock witha $4.65 stated dividend that just...
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Help Holdup Bank has an issue of preferred stock witha $4.65 stated dividend that just sold for $83 per share. What is the bank's cost of preferred stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % Cost of preferred stock
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