= Homework: Chapt. 9 - Cost of Capital Question 2, Warm-Up 9-2 (similar to) HW Soo O Poir Your firm, People's Consulting Group, has been asked to consult on a potential preferred stock offering by Brave New World. This 11% preferred stock issue would be sold a share. Calculate the cost of this preferred stock The cost of preferred stock is 12.55%. (Round to two decimal places.) = Homework: Chapt. 9 - Cost of Capital Question 2, Warm-Up 9-2 (similar to) HW Soo O Poir Your firm, People's Consulting Group, has been asked to consult on a potential preferred stock offering by Brave New World. This 11% preferred stock issue would be sold a share. Calculate the cost of this preferred stock The cost of preferred stock is 12.55%. (Round to two decimal places.) ential preferred stock offering by Brave New World. This 11% preferred stock issue would be sold at its par value of $60 per share. Flotation costs would the 2.50 Der