Attempts Keep the Highest 10 9. Problem 10,14 (Cost of Preferred Stock including Flotation) look Travis Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently setting for $100.00, but notation costs will be of the market price, so the net price be $99.36 per share. What is the cost of the preferred stack, including rotation? Round your answer to two decimal places Grade it Now Save & Continue Continue without saving