What is company cost of preferred stock

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Reference no: EM131306601

Bosio inc's perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. If the company were to sell a new preferred issue, it would have 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? Please show work

Reference no: EM131306601

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What is company cost of preferred stock : Bosio inc's perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. If the company were to sell a new preferred issue, it would have a flotation cost of 4.00% of the price paid by investors. What is the company's c..

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