What is the bank cost of preferred stock

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Holdup Bank has an issue of preferred stock with a $4.25 stated dividend that just sold for $92 per share.What is the bank's cost of preferred stock?

Reference no: EM13294664

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What is the bank cost of preferred stock : Holdup Bank has an issue of preferred stock with a $4.25 stated dividend that just sold for $92 per share.What is the bank's cost of preferred stock?

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