Firm X has a tax rate of 34%. The price of its new preferred stock is $63 and its flotation cost is $2.00, The cost of new preferred stock is 13%. Whot is the firm's dividend? Note: Round your answer to 2 decimal places. Multiple Choice $793 $1008 $6.58 $938 Firm X has a tax rate of 34%. The price of its new preferred stock is $63 and its flotation cost is $2.00, The cost of new preferred stock is 13%. Whot is the firm's dividend? Note: Round your answer to 2 decimal places. Multiple Choice $793 $1008 $6.58 $938