Question: question 18 Question 18 (3 points) If the preferred stock of Acall Inc., is callable, then the calculation of the cost of preferred stock financing

question 18

Question 18 (3 points) If the preferred stock of Acall Inc., is callable, then the calculation of the cost of preferred stock financing is: (this question or a similar question was either worked out or part of homework....think back). equal to Dp/P. equal to Dp less flotation costs less than D/P, similar to that for bonds

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