MCQOPTIONS
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| 1. |
The dividend per share is $18 and sell it for $122 and floatation cost is $4 then the component cost of preferred stock is |
| A. | 0.1525 |
| B. | 0.1525 times |
| C. | $15.25 |
| D. | 0.0015 |
| Answer» B. 0.1525 times | |