Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
Answer:
what does 30 yldpri the linear relationship have do with it
Step-by-step explanation:
Forgive if I am wrong, but I think the answer is 360 feet cubed
Answer:
this kid gryson is deleting my answer and i dont know how when they arent even his questions and he is being a little brat
Step-by-step explanation: