what is the firms preferred stock capital?

D Use the following information for questions #8-11 Hartwell Development, Inc. is currently determining the appropriate required rate of return for future capital projects. Their balance sheet consists of common stock, preferred stock, and bonds. Common stock is trading at $25 a share with 10,000 shares outstanding. Preferred stock with a $1.50 dividend is trading at $17 a share, with 5.000 shares outstanding. Their bond issue, $165.000 currently outstanding and trading at $890, has 10 years left with a 5% coupon bond with semiannual coupon payments (Assume por value is 1.000). Analysts recently evaluated the beta of the firm at 1.35. Assume the Risk-free rate of return is 3%, and that the expected return of the market is 8%, Assume the corporate tax rate is 21% Question 8 2 pts