Question: 6. Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this stock has a market valon per share of 52 and a book value per

 6. Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this

6. Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this stock has a market valon per share of 52 and a book value per share of $38. What is the cost of preferred stock

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