A firms preferred stock pays an annual dividend of 2 and
A firm's preferred stock pays an annual dividend of $2, and the stock sells for $65. Flotation costs for new issuances of preferred stock are 5% of the stock value. What is the after-tax cost of preferred stock if the firm's tax rate is 30%?
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a firms preferred stock pays an annual dividend of 2 and the stock sells for 65 flotation costs for new issuances of
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