Fritz Industries plans to issue a $100 par perpetual preferred stock with a fixed annual dividend or 8 percent of par. It would sell for 598,20, but Rotation costs would be 5 percent of the market price, making the net price $93.29 per slure. What is the percentage cost of preferred stock after taking floration costs into account D37.74% 8.159 6.7.90% 0.9.39% 58 Quintero Corporation estimates that it can issue debt at a rate od - and its tax rate : 30 percent. It can be preferred stock chat pays a constant S2.50 dividend per year at a price of 540 per share Alto, come cock cunestly set to SUV per share the next expected dividend (D) $2:45. and the dividend is expected to grow at a constante o percent per year. The are capital structure consists of 70 percent common stock 15 percent obt, and 3 percent perferred stok What is Quintero WACC 910 UN 1931