Question: Question 2 (1 point) Bob's Stuff, Inc has preferred stock with a stated dividend of $2.05, which currently trading at $27.10 per share, and Bob

Question 2 (1 point) Bob's Stuff, Inc has preferred stock with a stated dividend of $2.05, which currently trading at $27.10 per share, and Bob believes that the company can issue additional shares at that price net. What is Bob's cost of preferred stock? (Answer in decimal form to 4 places. Do not use a percent sign, le 0.9999) Your

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