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Business, 24.12.2019 05:31 caveman171

The cost of preferred stock:
a. is unaffected by changes in the market price of the stock.
b. is constant over time.
c. is equal to the stock's dividend yield.
d. increases as the price of the stock increases.
e. increases when a firm's tax rate decreases.

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The cost of preferred stock:
a. is unaffected by changes in the market price of the stock. <...
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