A firm is paying an annual dividend of $3.00 for its preferred stock which is selling for $69.00. There is a selling cost of $1.00. What is the after-tax cost of preferred stock it the firm's tax rates 34% (Round your answer to 2 decimal places.) Mot Chic 60 o 49 An asset fisting into the 5-year MACRS category was purchased two years ago for $85.000. The book value of this asset is now (Do not round intermedinte calculations) Multiple Choice $10800 3356 315400 $9.000