Duggins veterinary supplies cn issue perpetual preferred stock at a price of $50 a share with an annual dividendof $4.50 a share. Ignoring flotation costs, what is the company s cost of preferred stock rps?

Duggins veterinary supplies cn issue perpetual preferred stock at a price of $50 a share with an annual dividendof $4.50 a share. Ignoring flotation costs, what is the company s cost of preferred stock rps?








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