Toto and associates preferred stock is selling for 2750 per, Financial Management

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Toto and associates preferred stock is selling for 2750 per

Toto and Associates' preferred stock is selling for $27.50 per share. The firm nets $25.60 after issuance costs. The stock pays an annual dividend of $3.00 per share. What is the cost of existing, and new, preferred stock respectively? Can you please give the costs in dollars?

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Financial Management: Toto and associates preferred stock is selling for 2750 per

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Financial Management: Toto and associates preferred stock is selling for 2750 per

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