TOBAR Course dashboard o Time left 0:50:14 Question 15 Not yet answered What is XYZ's cost of preferred stock if it could sell the stock at $100 (par value). The stock pays a 7% annual dividend, and flotation costs of $8 would be incurred. Marland out of 2.00 O Other Hos question Ob 7% 7,6% O d. 9.59