ng.cengage.com CENGAGE MINDTA a search has one x Chapter 11 A nment The cost of proferred to Consider the case of y e ar Coman is cons Happy has p red t hat pays a dividend of 19.00 per share and sells for $100 gr share preferred stock. These new shares incur an underwriting for flotation) cost of 2.3% How much will Happy we way to the underwriter on a per-share basis? OOOO $87.93 $2.53 $2.50 $97.70 After it pays its underwriter how much will Hay Giraffe receive from each share of preferred to that $1.95 O2.59 $2.30 O $87.93 $97.70 Based on this information, Happy Giraffe's cost of preferred stock is Grace Now Se Continue Continue without san ng.cengage.com CENGAGE MINDTA a search has one x Chapter 11 A nment The cost of proferred to Consider the case of y e ar Coman is cons Happy has p red t hat pays a dividend of 19.00 per share and sells for $100 gr share preferred stock. These new shares incur an underwriting for flotation) cost of 2.3% How much will Happy we way to the underwriter on a per-share basis? OOOO $87.93 $2.53 $2.50 $97.70 After it pays its underwriter how much will Hay Giraffe receive from each share of preferred to that $1.95 O2.59 $2.30 O $87.93 $97.70 Based on this information, Happy Giraffe's cost of preferred stock is Grace Now Se Continue Continue without san