a company just issued at 320 cumulative preferred
A company just issued at $3.20 cumulative preferred stock at a price to the public of $30 a share. The flotation costs were $1.50 a share and the issue will be retired in 20 years at its $30 par value. What is the cost of this preferred issue?
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a company just issued at 320 cumulative preferred stock at a price to the public of 30 a share the flotation costs were 150 a share and the issue
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