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Share of preferred stock pays a dividend of $5 per year. if the price of this preferred stock is currently $100, what is the cost of preferred stock?
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Share of preferred stock pays a dividend of $5 per year. if the price of this preferred stock is currently $100, what is the cost of preferred stock?

User MuhammadNe
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i think 105 is the answer 
User Sumit Saurabh
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