Green Fish has preferred stock that pays a dividend of $9.00 per share and sells for $100 per share. It is considering issuing new shares of preferred stock. These new shares incur an underwriting (or flotation) cost of 2.50%. How much will Green Fish pay to the underwriter on a per-share basis? $2.50 $87.75 $2.75 $2.13 After it pays its underwriter, how much will Green Fish receive from each share of preferred stock that it issues? $2.75 $97.50 $2.13 $87.75 $2.50 Based on this information, Green Fish's cost of preferred stock is