Answer:<u> </u><u><em>Relevant cost of new preferred stock = 10.53%</em></u>
Explanation:
Given:
Dividend = $4.00 per share
Selling for = $40 per share.
Flotation costs = 5% of the selling price.
Marginal tax rate is 30%.
We can compute the cost of new preferred stocks using the following formula:


∴ Relevant cost of new preferred stock = 10.53%
Therefore, the correct option is (d)
Yeah, a pie chart lets you see which color is larger/bigger. Like more young customers or more older customers.
Answer:
A social media manager manages a social media star. They arrange appointments, or things like autograph signings, they monitor or arrange partnerships, they pay lawyers when needed
Explanation:
Thanks for asking this my older cousin is one. He used to manage beyonce for a short amount of time, he did snopp dogg, he did some other people that really dont mean anything to me
if you need more explanation i got you