What is the cost of preferred stock

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Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this stock has a market value per share of $52 and a book value per share of $38. What is the cost of preferred stock?

19.74 percent
13.88 percent
19.29 percent
7.50 percent
14.42 percent

 

Reference no: EM13286541

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