Accounting,Applied Sciences,Architecture and Design,Biology,Business & Finance,Calculus,Chemistry,Computer Science,Geology Hide all
Teaching Since:
Jul 2017
Last Sign in:
398 Weeks Ago, 5 Days Ago
Questions Answered:
5023
Tutorials Posted:
5024
Category > Business & FinancePosted 19 Aug 2017My Price7.00
Taylor Systems has just issued preferred stock.
Taylor Systems has just issued preferred stock. The stock has a 10% annual dividend and a $ 80 par value and was sold at $78.40 per share. In addition, flotation costs of $7.20 per share were paid. Calculate the cost of the preferred stock.
trying to find The cost of the preferred stock is  %