Question: pls solve . WACC if its currently at its optimal capital structure Assume that a Company incurs flotation costs of 4% when new shares of

pls solve
. WACC if its currently at its optimal capital structure Assume that a Company incurs flotation costs of 4% when new shares of preferred stock are issued. This preferred stock pays $25 dividend per share and sells for $100. What is the cost of preferred stock
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