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Savers has an issue of preferred stock with a $4.95 stated dividend that just sold for $86 per share. What is the bank's cost of
Savers has an issue of preferred stock with a $4.95 stated dividend that just sold for $86 per share. What is the bank's cost of preferred stock? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cos o pelemed stook Jiminy's Cricket Farm issued a bond with 30 years to maturity and a semlannual coupon rate of 4 percent 2 years ago. The bond currently sells for 107 percent of its face value. The company's tax rate is 21 percent 4. What is the pretax cost of debt? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the aftertax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16.) , bebt
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