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Help with finding Cost Preferred Stock for D and E please? P9-8 (book/static) s Q Cost of preferred stock Determine the cost for each of
Help with finding Cost Preferred Stock for D and E please?
P9-8 (book/static) s Q Cost of preferred stock Determine the cost for each of the following preferred stocks. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Preferred Stock A B Par value $100.00 40 35 30 20 Sale price $101.00 38 37 26 20 Flotation cost $9.00 $3.50 $4.00 5% of par $2.50 Annual dividend 11% 8% $5.00 $3.00 9% D E The cost of preferred stock A is 11.96 %. (Round to two decimal places.) The cost of preferred stock B is 9.3 %. (Round to two decimal places.) The cost of preferred stock C is 15.15%. (Round to two decimal places.) The cost of preferred stock Dis%. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. 1 part remaining Clear All Final CStep by Step Solution
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