The net price of the security after issuance costs is 3276, Financial Management

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The net price of the security after issuance costs is 3276

(Cost of preferred stock) The preferred stock of Texas Southern Power Company sells for $39 and pays $6 in dividends. The net price of the security after issuance costs is $32.76 . What is the cost of capital for the preferred? stock? The cost of capital for the preferred stock is ___%

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Financial Management: The net price of the security after issuance costs is 3276

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Financial Management: The net price of the security after issuance costs is 3276

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