Question
If preferred shares can be issued at a price of $50/share, with a dividend of $4/share, and with a flotation cost of $3/share, then the
If preferred shares can be issued at a price of $50/share, with a dividend of $4/share, and with a flotation cost of $3/share, then the cost of these shares to the corporation will be 8.5%. So for every dollar raised this way, the corporation only gets 91.5 cents.
True
False
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Managing Human Resources
Authors: Monica Belcourt, Parbudyal Singh, Scott Snell, Shad Morris
9th Canadian Edition
9780176798055
