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Author Question: Donnelly and Son pay $8 as the annual dividend on their preferred stock. Currently, this stock is ... (Read 27 times)

rayancarla1

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on: Apr 25, 2021

Question 1

Wilson's Cabinets has bonds outstanding that mature in eight years, have a 6 percent coupon and pay interest annually. These bonds have a face value of $1,000 and a current market price of $1,020. What is the company's pre-tax cost of debt?
◦ 5.68 percent
◦ 6.19 percent
◦ 6.34 percent
◦ 6.82 percent
◦ 7.57 percent

Question 2

Donnelly and Son pay $8 as the annual dividend on their preferred stock. Currently, this stock is selling for $72 a share. What is Donnelly's cost of preferred stock?
◦ 7.78 percent
◦ 9.00 percent
◦ 9.72 percent
◦ 11.11 percent
◦ 11.99 percent
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Marked as best answer by rayancarla1 on Apr 25, 2021

Laurenleakan

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rayancarla1

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

anyusername12131

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Reply 3 on: Yesterday
Excellent

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