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MV Pid Corporation has debt with a coupon rate of 5% and a yield to maturity of 7%, a cost of equity of 15% and

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MV Pid Corporation has debt with a coupon rate of 5% and a yield to maturity of 7%, a cost of equity of 15% and a cost of preferred stock of 10%. Its dott has a market value of $130 million and a book value of 5150 million. The common equity has a book value of 580 million and the preferred stock has a book value of 560 million. The preferred stock is currently trading at a 25% premium over its book value per share, while the common stock trades at $20 per share, with 8 milion shares outstanding The tax rate is 30% What is this firm's value of preferred stock, P (for use in the weights)? O A $75 million OB5150 million OC. $180 million OD. 580 million O E $130 million OF $160 million @G $60 million HS15 milion OL 5140 million

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