The Market Values Kia Corps Preferred Stock At $60 Per Share It Pays An Annual Dividend Of $12 Per Share. What Is Kias Cost Of Preferred Stock For Purposes Of WACC Of Kia? A. 16.67% B. 2.40% C. 1.67% D. 20.00%

The market values Kia Corps preferred stock at $60 per share it pays an annual dividend of $12 per share. What is Kias cost of preferred stock for purposes of WACC of Kia?

Answer rating: 100% (QA)

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