Solution-Form cost of preferred stock financing

Form cost of preferred stock financing

Reference no: EM131402276

Nature Food Inc. needs to estimate the cost of financing on preferred stock. The firm has preferred stock outstanding that pays a constant dividend of $4.29 per year. That preferred stock is currently selling for $66.51. However, the underwriter would charge flotation costs of $2.18 per share. What is the form's cost of preferred stock financing?

Round the answers to two decimal places in percentage form.

Reference no: EM131402276

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Form cost of preferred stock financing : The firm has preferred stock outstanding that pays a constant dividend of $4.29 per year. That preferred stock is currently selling for $66.51. However, the underwriter would charge flotation costs of $2.18 per share. What is the form's cost of pr..

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Form cost of preferred stock financing

Reference no: EM131402276

Reference no: EM131402276

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