In general, for the purpose of estimating the cost of preferred stock, one can ignore the current level of common stock dividends.

Name: In general, for the purpose of estimating the cost of preferred stock, one can ignore the current level of common stock dividends.
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Preferred stock dividends are typically fixed and do not depend on the dividends paid on common stock, so the current level of common stock dividends does not affect the cost estimation of preferred stock.

In General, for the Purpose of Estimating the Cost of Preferred