A company??s perpetual preferred stock currently sells for$127.50 per share, and it pays an $8.00 annual dividend. If thecompany were to sell a new preferred

A companyâ??s perpetual preferred stock currently sells for$127.50 per share, and it pays an $8.00 annual dividend. If thecompany were to sell a new preferred issue, it would incur aflotation cost 2 answers