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5.89 pts uestion5 Yoda's Inc. has perpetual preferred stock that sells for $98.50 per share, and it pays a $7.50 annual dividend. If Yoda's Inc,

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5.89 pts uestion5 Yoda's Inc. has perpetual preferred stock that sells for $98.50 per share, and it pays a $7.50 annual dividend. If Yoda's Inc, were to sell a new preferred issue,it would incur a flotation cost of 5.00% of the price paid by investors. What is the company's cost of preferred stock for use in calculating the WACC? 8.01% O 9.15% 10.12% 97296 9.93%

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