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needing a breakdown of how to do 9 and 10 by hand. 9) Assume preferred stock of Ford Motors pays a dividend of $4 each

needing a breakdown of how to do 9 and 10 by hand. image text in transcribed
9) Assume preferred stock of Ford Motors pays a dividend of $4 each year and trades at a price of $35. What is the cost of preferred stock capital for Ford? 9) A) 14.9% B) 13.7% 11.4% D) 12.6% 10) IBM expects to pay a dividend of $2 next year and expects these dividends to grow at 9% a year. The price of IBM is $80 per share. What is IBM's cost of equity capital? 10) A) 10.93% B) 9.20% C) 10.35% B 11.50%

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