Question
A companys investment bankerssay that a proposed new issue of 7.5 percent cumulative preferred stock with a par value of $10 a share can be
A companys investment bankerssay that a proposed new issue of 7.5 percent cumulative preferred stock with a par value of $10 a share can be sold to the public for $27 a share. The transaction costs will be $1 a share What is the copany's cost of preferred stock financing?
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Machine Learning In Finance From Theory To Practice
Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon
1st Edition
3030410676, 978-3030410674
