A firm can issueer pr pays a 15% and an issued preferred shock that has a SO par voie ond sto annual dindend each year. The firm's investments believe that investors will be willing to pre is will be willing to pay $62.5 per share and that flotation costs will be equae to $5.75 per share. Determine the difference between the investor's Required rate of Return and the firm costs of preferred stock 0 U