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Find the Cost of Preferred Stock (rp) for each of the following preferred stock issues: Preferred Stock Par Value Preferred Dividend Current Value A 100

Find the Cost of Preferred Stock (rp) for each of the following preferred stock issues:

Preferred Stock

Par Value

Preferred Dividend

Current Value

A

100

12%

95

B

200

8%

205

C

300

7%

325

Cost of Preferred Stock Issue A:

(to 2 decimal points)

Cost of Preferred Stock Issue B:

(to 2 decimal points)

Cost of Preferred Stock Issue C:

(to 2 decimal points)

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