Holdup Bank has an issue of preferred stock with a $5.55 stated dividend that just sold for $92 per share. What is the bank's cost of preferred stock? (Round your answer to 2 decimal places, (e.g., 32.16)) The Shoe Outlet has paid annual dividends of $0.65, $0.70, $0.72, and $0.75 per share over the last four years, respectively. The stock is currently selling for $26 a share. What is this firm's cost of equity Jensen's Travel Agency has 10 percent preferred stock outstanding that is currently selling for $26 a share. The market rate of return is 8 percent and the firm's tax rate is 34 percent. What is Jensen's cost of preferred stock