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Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value of $75 and a 5.50 percent dividend. What is the cost of preferred stock for Tangshan if flotation costs would amount to 5.5 percent of par value?
Enol Tautomer
A form of tautomerism where a hydrogen atom shifts position, leading to a double bond and an alcohol group.
1-phenyl-2-octanone
An organic compound featuring a phenyl group attached to the first carbon of an octanone, a molecule with eight carbon atoms and a ketone functional group at the second position.
Acid-catalyzed Enolization
A chemical reaction where an acid catalyst promotes the conversion of a carbonyl compound to its enol form, involving the relocation of a proton.
Acetaldehyde
A volatile, colorless, and flammable liquid with a pungent odor, used as an intermediate in the synthesis of acetic acid, perfumes, and flavors.
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