Accounts payable Common stock. Long-term debt. Retained earnings. QUESTION 9 A company's perpetual preferred stock currently sells for $76 per share, and pays an annual dividend of $5.00. In issuing the preferred shares, the company incurs flotation costs of 5%. The company's cost of preferred stock is % (to two decimal places) QUESTION 10 Rayray Records' stock currently sells for $105.00 per share. The dividend is projected to increase at a constant rate of 5.00% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today? O $118.11 $90.70 $135.98 O $110.25 $121.55 QUESTION 11 Click Save and submit to save and submit. Click Save All Answers to save all answers Save Al Answers Resume 2020.pdf Puuu. Common stock. Long-term debt. Retained earnings. QUESTION 9 A company's perpetual preferred stock current company incurs flotation costs of 5%. The com QUESTION 10 Rayray Records' stock currently sells for $105.0G rate of return on the stock, rs, is 9.00%. What is $118.11 $90.70 $135.98 $110.25