Kyle is raising funds for his company by selling preferred stock. The preferred stock has a par value of $$$$84$ and a dividend rate of $8\mathrm{.}8\%.$ The stock is selling for $$$$57\mathrm{.}26$ in the market. Kyle hires Wilson Investment Bankers to sell the preferred stock. Wilson charges a fee of $3\%$ on the sale of preferred stock. What is the cost of preferred stock for Kyle using the investment$$ banker?