ALL ONE QUESTION

Question 17 Questions (17-18) are based on the information that follows. Briseux Corp, has just issued preferred stock worth $900 million The stock will pay $112.5 milioni per year forever in dividends. The number of shares issued was 45 million and the stock trades at the issue rice 17. What is the cost of capital for its preferred stock 11.5% 136 DES 12.5% Question 18 4 pts Questions (17-161 are based on the information that follows, Briseux Corpus just sud preferred stock worth $700 nilion The stock will pay 5112.5 million per year forever in dividends. The number of shares hoed was 45 milion and the stock trades at the issue price 18. What is the per share issue price of the preferred stock? al $11.00 $30.00 Id $8.75 Id) $10.00 $20.00 o