Pangboume whitchurch has preferred stock outstanding the, Finance Basics

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Pangboume whitchurch has preferred stock outstanding the

Question: Pangboume Whitchurch has preferred stock outstanding. The stock pays a dividend of $6 per share, and sells for $30. What is the percentage cost of the preferred stock? (Enter your answer as a whole percent.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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