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(1-92 (m(-0,4)-d'A A) 10 percent. B) 10.6 percent. C) 7.6 percent. )5.0 percent. 2) A firm has issued preferred stock at its $125 per share
(1-92 (m(-0,4)-d'A A) 10 percent. B) 10.6 percent. C) 7.6 percent. )5.0 percent. 2) A firm has issued preferred stock at its $125 per share par value. The stock will pay a $15 annual dividend. The cost of issuing and selling the stock was $4 per share. The cost of the preferred stock is (4 point) A) 7.2 percent. B) 12 percent. C) 12.4 percent. D) 15 percent. 3) Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value of $75, and a 5.50 percent dividend. What is the cost of preferred stock for Tangshan if flotation costs would amount to 5.5 percent of par value? (4 point) A) 5.50% B) 5.27% C) 7.73%
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