Taylor systems has just issued preferred stock the stock
Taylor Systems has just issued preferred stock. The stock has a 8?% annual dividend and a $ 100 par value and was sold at ?$95.00 per share. In? addition, flotation costs of ?$7.00 per share were paid. Calculate the cost of the preferred stock.
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taylor systems has just issued preferred stock the stock has a 8 annual dividend and a 100 par value and was sold at
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