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Save Homework: Unapter y Homework Score: 0 of 1 pt P9-7 (similar to) + 5 of 11 2 complete HW Score: 3.03%, 0.33 of 11 pts Question Help annual dividend and a $50 per value and was sold at $49.50 per share. In addition, ton costs of $400 per share Cost of preferred stock Taylor Systems has situe preferred stock. The stock has a 9 were paid Calculate the cost of the preferred stock The cost of the preferred stockis (Round to two decimal places) Enter your answer in the answer box and then click Check