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The preferred stock of Style Company is issued at a nominal value of $110 with...

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The preferred stock of Style Company is issued at a nominal value of $110 with 8% dividend rate. The stock is selling at $94 per share. What is the cost of preferred stock? 9.36% 8% 8.51% A company has issued common equity with a beta of 1.21. The risk-free rate is 4.4% and the expected risk premium is 8.6%, what is the company's cost of equity? 9.48% 13% 14.81%

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