Review This Question: The company can issue $2 dividend preferred stock for a market price of $25 per share. Flotation costs would amount to $3 per share. What is the cost of preferred stock? d 5.609 9.09% 8.60% 10.25% Julian is considering purchasing the stock of Pepsi Cola because he really loves the taste of Pepsi. What should Julian be willing to pay for Pepsi today if it will pay a $2 dividend with a growth rate of 5 percent indefinitely? Julian requires a 12 percent return to make this investment. $28.57 $29.33 $31.43 543.14