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0.03s (0.625) = 0.05525 or 5.625 ) 0.085 (0.65) 3. Riley Coal Company issued $100 par value preferred stock 10 years ago. The stock provided

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0.03s (0.625) = 0.05525 or 5.625 ) 0.085 (0.65) 3. Riley Coal Company issued $100 par value preferred stock 10 years ago. The stock provided an 8% yield at the time of issue. The preferred stock is now selling for $75. What is the current yield or cost of preferred stock? (Disregard flotation costs). 11 000.0002 Stowwoltre 15 at tobru synsito noise

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