What is the bank cost of preferred stock

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Sixth Fourth Bank has an issue of preferred stock with a $6.40 stated dividend that just sold for $126 per share.

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What is the bank's cost of preferred stock?

 

Reference no: EM13270265

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What is the bank cost of preferred stock : Sixth Fourth Bank has an issue of preferred stock with a $6.40 stated dividend that just sold for $126 per share.
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