Solution-The preferred stock of ciso inc pays an annual

The preferred stock of CISO, Inc., pays an annual dividend of $6.50 a share and sells for $48 a share. What is CISO's cost of preferred stock?

a. 3.12%
b. 9.19%
c. 7.38%
d. 9.46%
e. 13.54%

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The preferred stock of ciso inc pays an annual dividend of : the preferred stock of ciso inc. pays an annual dividend of 6.50 a share and sells for 48 a share. what is cisos cost

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