dcarlosaguirre1396 dcarlosaguirre1396

16-04-2024
Mathematics

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Livif inc. is currently paying dividends of 6% per year on $129 par value preferred stock. the current price of livif common stock is $108.7 per share. flotation costs are 9% of the market price when livif issues new preferred stock. what is livif's cost of new preferred stock?

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