What is the companys cost of preferred stock and Rps

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Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $74.25 a share with an annual dividend of $3.25 a share. Ignoring flotation costs, what is the company's cost of preferred stock, Rps? Answer is either: A). 3.63% B). 3.33% C). 4.38 D). 4.68% E). 3.28%

Reference no: EM131450040

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