Accountancy, asked by nonu9598, 10 months ago

Ganesh trading co has 10 per cent preferred stock outstanding that is currently selling at rs 280 per share. The market rate of return is 15% and the firm's tax rate is 30%. What is the cost of preferred stock

Answers

Answered by yash81192
12

Answer:

Please mark my answers brilliant please please please please please

Answered by gargsanket068
5

Answer:

Explanation:16.33% is the answer

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