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Question: The cost of preferred stock is determined to be 5%. The price of the preferred stock was $54/share. What was the dividend per share paid out to a holder of this preferred stock?

The return on a bond is 4% while the return on common is 5%. What is the risk premium? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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