if you have preferred stock paying an 8.5% dividend on a $117 par value and want to determine the cost of capital first the dividend must be determined. How do you calculate and arrive at the divident factor to multiply against the rate?
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if you have preferred stock paying an 8.5% dividend on a $117 par value and want to determine the cost of capital first the dividend must be determined. How do you calculate and arrive at the divident factor to multiply against the rate?
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