La Cu = Homework: Week 4 - Chapter 9 Question 2, P9-7 (similar to) HW Score: 0% 0 of 100 points O Points: 0 of 25 Att Save Cost of preferred stock Taylor Systems has just issued preferred stock the stock has a 115 annual dividend and a 575 par value and was sold at $78.00 per share. In addition, flotation costs of $450 per share were paid Calculate the cost of the preferred stock redito Question 410 The cost of the preferred stock 1 % (Round to two decimal placet) This co