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frotation conts woutd the stis per bend. ahare. Common stock Currently, the stock is selling for $62 a share and has paid a 92.182 dividend

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frotation conts woutd the stis per bend. ahare. Common stock Currently, the stock is selling for $62 a share and has paid a 92.182 dividend Dividends ate expected vo continue growing at 10%. Flotation conts would be $3.75 a share and Buitrite has 5350,000 in avalible retalned eirnitios Assume a 25% tax bracket. Their after tox cont of preferred stock is: 5.682 5.254 58

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