ll of the following are weaknesses of the payback period EXCEPT (4 point) A) a disregard for cash flows after the payback period. B) only an implicit consideration of the timing of cash flows. the difficulty of specifying the appropriate payback period. D) it uses cash flows, not accounting profits. firm has determined it can issue preferred stock at $115 per share par value. The will pay a $12 annual dividend. The cost of issuing and selling the stock is $3 per The cost of the preferred stock is (4 point) e. A) 6.4 percent. B) 10.4 percent. C) 10.7 percent