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What is the bank cost of preferred stock

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Reference no: EM132396581

Harvey Bank has an issue of preferred stock with a stated dividend of $5.82 that just sold for $98 per share. What is the bank's cost of preferred stock?

Reference no: EM132396581

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What is the bank cost of preferred stock : Harvey Bank has an issue of preferred stock with a stated dividend of $5.82 that just sold for $98 per share. What is the bank's cost of preferred stock?
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