Najdzionek Company can sell a new issue of preferred stock to investors who require a...
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Najdzionek Company can sell a new issue of preferred stock to investors who require a 10% rate of return. What is the cost of the new issue if the flotation cost to issue each $100.00 face value share is 4% of face value? 6.00% 10.00% 10.42% 4.00%
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