The market price of the firmrsquos preferred stock is 11600
The market price of the firm’s preferred stock is $116.00. The preferred pays a 12.1% annual dividend on its $100 par value. Floatation costs are $4 per share. What is the cost of preferred equity when floatation costs are accounted for?
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the market price of the firmrsquos preferred stock is 11600 the preferred pays a 121 annual dividend on its 100 par
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