Question: Intro The table below shows some information for three different issues of preferred stock: Stock Par value Annual dividend rate Issue price Issue costs

Intro The table below shows some information for three different issues of

Intro The table below shows some information for three different issues of preferred stock: Stock Par value Annual dividend rate Issue price Issue costs per share 1 100 0.06 2 50 0.06 3 20 0.08 287 92 7 50 3 17 2 Part 1 What is the cost of preferred stock 1? 3+ decimals Attempt 2/10 for 10 pts. Submit

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