Wells Fargo's preferred stocks are traded at $23.00 and pay a constant dividend of $2.46 . What is Wells Fargo's cost of preferred stock if the tax rate is 25 % ?

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06-07-2024
Mathematics

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Wells Fargo's preferred stocks are traded at $23.00 and pay a constant dividend of $2.46 . What is Wells Fargo's cost of preferred stock if the tax rate is 25 % ?

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