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Business, 07.04.2020 16:52 vegeta8375

Torch Industries can issue perpetual preferred stock at a price of $59.00 a share. The stock would pay a constant annual dividend of $7.00 a share. What is the company's cost of preferred stock, rp?

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Torch Industries can issue perpetual preferred stock at a price of $59.00 a share. The stock would p...
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