Business, 29.11.2019 04:31 rociodelgado82

Acompany's perpetual preferred stock currently sells for $92.50 per share, and it pays an $8.00 annual dividend. if the company were to sell a new preferred issue, it would incur a flotation cost of 5.00% of the issue price. what is the firm's cost of preferred stock? a. 7.81%b. 8.22%c. 8.65%d. 9.10%e. 9.56%

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Acompany's perpetual preferred stock currently sells for $92.50 per share, and it pays an $8.00 annu...

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