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Walmart Canada has preferred stock paying an annual dividend of $2.25, and common stock paying an annual dividend of $0.85. If the current preferred stock

Walmart Canada has preferred stock paying an annual dividend of $2.25, and common stock paying an annual dividend of $0.85. If the current preferred stock price is $18.75, what isWalmart Canada's cost of preferred stock capital?

A.10%

B.13%

C. 11%

D. 12%

E. 4.5%

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Walmart Canada has preferred stock paying an annual dividend of $2.25, and common stock paying an annual dividend of $0.85. If the current preferred stock

Walmart Canada has preferred stock paying an annual dividend of $2.25, and common stock paying an annual dividend of $0.85. If the current preferred stock price is $18.75, what isWalmart Canada's cost of preferred stock capital? A.10% B.13% C. 11% D. 12% E. 4.5%

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Walmart Canada has preferred stock paying an annual dividend of $2.25, and common stock paying an annual dividend of $0.85. If the current preferred stock price is $18.75, what isWalmart Canada's cost of preferred stock capital?

A.10%

B.13%

C. 11%

D. 12%

E. 4.5%