perpetual preferred stock sells for $ 1 2 0 . 0 0 per share, and it pays

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perpetual preferred stock sells for $

120.00

per share, and it pays an $

8.50

annual dividend. If the company were to sell a new preferred issue, it would incur a flotation cost of

4.00 %

of the price paid by investors. What is the company's cost of preferred stock for use in calculating the WACC?

Posted Date: May 19, 2024 03:01 AM

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perpetual preferred stock sells for $ 1 2 0 . 0 0 per share, and it pays

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