Bullion Inc. Interested in the issuance of 8% preterred stock that is expected to sell for as $75-per share value. The cost of issuing and selling the stock is expected to be $4.5 per share. The What will be the net proceed per share for the company? Lin Pharmaceutical, a hypothetical company, issued of 6% preferred stock that was sold for $67-per share value. The floating cost of the stock was $3 per share. What was the cost of issuing preferred stock for the company