Question: -- 15-... am - 14/7/2020 A Saved Help Save & Exit Firm X has a tax rate of 33%. The price of its new preferred

-- 15-... am - 14/7/2020 A Saved Help Save & Exit
-- 15-... am - 14/7/2020 A Saved Help Save & Exit Firm X has a tax rate of 33%. The price of its new preferred stock is $65 and its flotation cost is $4.00. The cost of new preferred stock is 12%. What is the firm's divid (Round your answer to 2 decimal places.) Multiple Choice $7.32 $9.47 $5.97 O $8.77 WA PS

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