May be completo another type of securly Al Jameel Center has determined its optimal capital structure, which is composed of the following sources: Target Market Source of Capital Proportions Long-ermet 30 Preferred stock Common stock qully Debt: Aljameel center can sell a 20-year $1.000 par value, 9 percent bond for $980. A flotation cost of 2 percent of the face value would be required in addition to the discount of $20. Preferred Stock: Aljameel center has determined it can issue preferred stock at $65 per share par value. The stock will pay an $8.00 annual dividend. The cost of issuing and selling the stock is $3 per share. Common Stock: Aljameel center's common stock is currently selling for $40 per share. The dividend expected to be paid at the end of the coming year is $5.07. Its dividend payments have been growing at a constant rate for the last five years. Five years ago, the dividend was $3.45. It is expected that to sell, a new common stock issue must be underpriced at $1