Fastest companys preferred shares were issued last year at, Financial Management

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Fastest companys preferred shares were issued last year at

Fastest Company's preferred shares were issued last year at $29.68 per share, but are now trading at $28.74. Fastest pays annual preferred dividends of $2.07 per share. Estimate Fastest Company's cost of preferred shares.

The current preferred yield is:

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Financial Management: Fastest companys preferred shares were issued last year at

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