Chartered Financial Analyst Level 2
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56 A company's preferred equity is trading at $140 per share. The annual dividend rate is 8.0% and the par value is $150 per share. The cost of the preferred equity is closest to:
56 A company's preferred equity is trading at $140 per share. The annual dividend rate is 8.0% and the par value is $150 per share. The cost of the preferred equity is closest to:
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