Question
Consider issuing preferred shares with an annual dividend of $ 12.00 per preferred share. These shares will sell for $ 100 each. The cost of
Consider issuing preferred shares with an annual dividend of $ 12.00 per preferred share. These shares will sell for $ 100 each. The cost of issuance (flotation cost) is $ 8 per share. Calculate the cost of preferred capital. You must show the computations.
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Consolidation In The European Financial Industry
Authors: R. Bottiglia, E. Gualandri , G. Mazzocco
1st Edition
0230233228,0230275028
