Kresler autos has preferred shares outstanding that pay


Kresler Autos has preferred shares outstanding that pay annual dividends of $16, and the current price of the shares is $104. What is the after-tax cost of new preferred shares for Kresler if the flotation (issuance) costs for preferred are 5 percent?

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Finance Basics: Kresler autos has preferred shares outstanding that pay
Reference No:- TGS0604830

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