The market rate of return is 11 percent and the firms tax
Grill Works and More has 8 percent preferred stock outstanding that is currently selling for $58 a share. The market rate of return is 11 percent and the firm's tax rate is 35 percent. What is the firm's cost of preferred stock?
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grill works and more has 8 percent preferred stock outstanding that is currently selling for 58 a share the market rate
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