show work TB MC Qu. 13-54 The Shoe Box pays an annual......
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TB MC Qu. 13-54 The Shoe Box pays an annual... The Shoe Box pays an annual dividend of $3 80 on its preferred stock. What is the cost of preferred if the stock currently sells for $42.70 a share and the tax rate is 21 percent? Multiple Choice 794 percent 11.87 percent 6.68 percent 9.39 percent 8.90 percent
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