Gamint Corporation is considering issuing proferred stock. The preferred stack would have a par value of $70 and a preferred dividerid of 42 percent of par in order to indve the stock, Gemini Company would have to pay notation costs of 5 percent of par value. Given this information, Gemini Company's cost of preferred stock would be: O a3.2% 6.48% OC 44% O 0.52% 2.4.1