TB MC Qu. 11-7 Fern has preferred stock selling for v1 percent of par that pays... Fern has preferred stock selling for 93.2 percent of par that pays an 9.8 percent annual coupon. What would be Fern's component cost of preferred stock? Multiple Choice 10.80% 9.13% 10.52% 9.80% ( Prev 4 of 22 Next