A share of preferred stock has a 9 percent dividend rate, $100 stated value and a price of $62. What is the cost of this preferred stock? a 7% 6.8% 15% d. 14.5% Soha's company is taking a project that will produce $2,800,000 of revenue per year. Cash expenses will be $400,000, and depreciation expenses will be $250,000 per year. The firm is in the 40 percent marginal tax rate. If the firm's capital expenditures will be $420,000 and the additional working capital $350,000 5520,000 b. 5770,000 5680,000 a $700,000 Question 10 Assume a company's preferred stock is selling currently at $125, what is the dividend paid by the firm if the required rate of return is 11 percent? $13 14.25% $13.75% $12,5 Soha's company is taking a project that will produce $2,800,000 of revenue per year. Cash expenses will be $400,000, and depreciation expenses will be $250,000 per year. The firm is in the 40 percent marginal tax rate. If the firm's capital expenditures will be $420,000 and the additional working capital $350,000 $520,000 5 5770,000 5680,000 a $700,000