MCQOPTIONS
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| 1. |
Dividend per share is Rs 18 and sell it for Rs 122 and floatation cost is Rs 4 then component cost of preferred stock will be |
| A. | 5.25% |
| B. | .1525 times |
| C. | 5.25 |
| D. | .15% |
| Answer» B. .1525 times | |