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Exercise-6 The capital structure of A Saudi Company included different sources of funds including the preferred...

Exercise-6
The capital structure of A Saudi Company included different sources of funds
including the preferred stocks. As new finance assistant, you were asked to
calculate the return on preferred stock for the CEO in order to determine the
cost of these stocks, taking into consideration that Price =$112.5; Dividend Yield
= 9% annually. Par=$100

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