What is the cost of preferred stock pricing

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The preferred stock of Gator Ind. sells for $35.87 and pays $2.76 per year dividends. What is the cost of preferred stock pricing? If Gator were to issue 446000 more preferred shares just like the ones outstanding could they sell them for $35.87 a share but incur flotation costs of $2.88 per share? What are the flotation costs for issuing the preferred shares and ow should this cost be incorporated into the NVP of the project being financed?

Reference no: EM131013674

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